In One Day, Bitcoin Overtakes Silver - Google Becomes the World's Fifth Most Valuable Asset
Bitcoin (BTC), the world's largest crypto asset, recorded a 6.7% increase to touch the price range of US$94,300, Wednesday (23/04). Meanwhile, this rally pushed Bitcoin to become the fifth most valuable asset in the world, overtaking shares of Alphabet, Google's parent company.
This achievement occurred when Bitcoin's market capitalization broke through the level of US$1.87 trillion, far above Google and silver which were only US$1.85 trillion each, according to Companies Market Cap. Interestingly, both assets were overtaken in less than a day.
Previously, Bitcoin had already overtaken other assets such as Amazon (AMZN) and Meta shares. Even so, the top asset position is still occupied by gold with a market value of up to US$22.5 trillion.
If this rally continues, it is inevitable that Bitcoin will soon overtake Nvidia's (NVDA) market cap which is just above it.
