Bitcoin Enters the Top Ten Global Assets
This past weekend, Bitcoin hit a new high of $41,700 for the year. This boost pushed Bitcoin into the world's most valuable asset group, showing how digital money is becoming more important in finance.
With a $813 billion market capitalization, Bitcoin is now worth more than Berkshire Hathaway and even Tesla, a big deal in the world of major tech stocks known as the "magnificent seven."
Meta, formerly known as Facebook, is now in ninth place with a value of $834 billion, just a little over Bitcoin. The next mark for Bitcoin is entering the trillion-dollar club alongside Apple, Saudi Aramco, and Gold.
Talking about precious metals, Gold started its day by almost reaching $2,150, a new high. But then it went back down to $2,068. So far this year, Gold has gone up by 12%.
On the other hand, Bitcoin has had a much bigger increase of 150%. This shows a big difference in how regular and digital things are regarding valueâŠ
