Bitcoin Outshines Silver, Claiming 8th Largest Global Asset Title With $1.76T Valuation

Quick Summary:

The unstoppable price run of Bitcoin, which started a day after the US presidential elections, is creating a ripple effect in the economy.

There’s been a massive jump in value recently, with Bitcoin topping $89k earlier today, showing a 27% increase from the previous week.

Gold remains the world’s top asset, with a market cap valued at $17.667 trillion, dwarfing Nvidia and Apple by around $3 trillion each.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: Hungary

Topics: ETFs Crypto Bitcoin Btc Bitcoin Silver

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 15:30:37 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23555884

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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