Key Points
- Bitcoin outperformed Meta in market cap, becoming the 9th world asset.
- Earlier, BTC reached a new ATH above $75,000, amidst Donald Trump’s win in the 2024 US Elections.
Bitcoin has just surpassed Meta Platforms (Facebook) in terms of market cap, becoming the 9th largest asset in the world.
Bitcoin – World’s 9th Asset by Market Cap
According to official data, Bitcoin now has a market cap of over $1.465 million, up by almost 8% in the past 24 hours.
Bitcoin surpassed Meta which is currently listed as having a $1.445 trillion market cap, up by 2% in the past 24 hours.
The first place is taken by gold with a market cap of over $18 trillion (down by over 2% today), followed by Nvidia with more than $3.4 trillion (up by almost 3% today). Apple is listed at over $3.37 trillion, up by 0.65% today.
The official top includes all assets, such as public companies, precious metals, cryptos, and ETFs.
Surpassing Meta is just the beginning as Bitcoin has bigger milestones ahead, with predictions of topping $100,000 by 2025.
Bitcoin Hit a New ATH Above $75,000
Earlier today, BTC hit a new ATH above $75,000 as the US elections’ results were coming in.
At the moment of writing this article, BTC is trading above $74,000, up by almost 8% in the past 24 hours.
On November 4th, BTC’s price dipped below $67,000, but then saw a price rebound that peaked earlier today, reaching a new ATH.
BTC’s price surged significantly as the US election results came in, showing a clear victory for the Republican Donald Trump.
Trump’s victory comes following massive efforts and support from important names including Elon Musk, RFK Jr., and others.
In a recent post via X, Musk said that the pressure was high for him as well, but it pales compared to what the US President had to endure this year.
Trump has been showing increased support for the crypto industry throughout 2024, with many promises that wait to become reality.
