Bitcoin Flips Silver Again, Becomes Eighth Largest Asset By Market Cap

Quick Summary:

Bitcoin is up more than 9% on the day following strong institutional demand and sustained interest in US spot Bitcoin ETFs in recent weeks.

Silver, meanwhile, has witnessed a decline of 6.24% over the past week, bringing its total market cap to $1.732 trillion.

It comes as Bitcoin breached $89,000, topping out at $89,560, before dropping back below those levels, data from CoinGecko shows.

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Article Details

Author / Journalist: Vince Dioquino

Category: Crypto

Markets: Estonia

Topics: Gold Coins Bitcoin market cap Silver Bitcoin Breaking Tag Breaking Push

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 03:05:43 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23542315

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 7 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 13 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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