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Bitcoin Is Now The World’s 7th Largest Asset, Overtakes Saudi Aramco

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By on November 13, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Is Now The World’s 7th Largest Asset, Overtakes Saudi Aramco appeared first on Coinpedia Fintech News

Bitcoin, after surpassing Silver and Meta’s market cap earlier this week, it has now officially overtaken Saudi Aramco to become the world’s 7th largest asset, as it surged to a $1.81 trillion market cap. It now only trails Nvidia, Apple, Microsoft, Amazon, and Alphabet in terms of the largest market cap. 2024 proved to be a game changer for Bitcoin as the first crypto-based ETF in the US saw huge institutional interest, and going further, Trump’s victory in the US Presidential elections propelled Bitcoin to its newer heights. It is currently trading at $93,098, up over 7% in the last 24 hours. 

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JPMorgan Sees Stablecoin Outlook as Less Rosy Than Bulls Think

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