According to data from CompaniesMarketCap, Bitcoin has emerged as the eighth largest asset by market cap. The recent uptick in BTC's price to $71,000 has pushed the digital asset's market cap to a staggering $1.4 trillion, while the market cap of Silver stands at $1.3 trillion. Following yet another prosperous week for spot Bitcoin exchange-traded funds (ETFs), the price of bitcoin has surged to a new ATH. The cumulative net flow into spot Bitcoin ETFs since January 11 is currently $9.59 billion, according to data from BitMEX Research.

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