• 11 October, 2024
Bitcoin

Bitcoin Emerges as The 8th Largest Asset Beating Silver

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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