Close this search box.

Bitcoin Overtakes Silver as 8th Largest Asset by Market Cap



Table of Contents

  • Bitcoin now ranks as the 8th largest asset by market cap, surpassing silver with a market cap of over $1.4 trillion.
  • This milestone underscores Bitcoin’s growing influence and mainstream acceptance as a valuable asset.
  • Bitcoin’s continued rise has seen it overtake major corporations like Berkshire Hathaway, Meta, and nearing Alphabet.

In a monumental development, Bitcoin (BTC) has further solidified its position as a global force by unofficially overtaking silver to become the 8th largest asset by market capitalization. Often shortened as market cap, this refers to either a company or an asset’s so-called total dollar value relative to the rest of the players in its category. This achievement highlights Bitcoin’s truly meteoric rise and increasing recognition as a legitimate investment asset.


Indeed, Bitcoin’s current market cap of over $1.4 trillion has propelled it past silver, which currently stands at approximately $1.39 trillion, according to data from Some experts hold the view that this marks a significant turning point in Bitcoin’s journey, demonstrating its growing appeal to investors across the globe.

The Bitcoin Landscape

This also explains why Bitcoin recently went ballistic and not only broke through its previous all-time high (ATH) price, but set a completely new one at that. Bitcoin is currently trading around $72,000, having recently set that same new ATH. In contrast, silver is priced at approximately $24.66. While Bitcoin saw gains of around 1% today, its recent price surge is a testament to the ongoing bullish sentiment surrounding the leading cryptocurrency.

Unleash the potential of leverage trading! Join Bybit today with our link, complete KYC, and earn up to a $40 bonus on a $100 deposit. Don’t miss out on this exclusive offer; claim your bonus now!

The relentless ascent of Bitcoin has not only put it ahead of silver but also enabled it to overtake major corporations. Berkshire Hathaway and Meta (formerly Facebook) now trail Bitcoin in market cap. In addition, Bitcoin is closing in on Silicon Valley giant Alphabet (Google’s parent company), signaling its potential to challenge established market leaders.

No matter what your view of Bitcoin itself or the crypto market as a whole, Bitcoin’s rise to become the world’s 8th largest asset is a remarkable feat that reflects the growing acceptance of cryptocurrencies within the financial mainstream. As its upward trajectory continues, investors and analysts alike will be watching closely to see which milestones it reaches next.

Enhance Your Crypto Trading Skills With Our Legends’ Trading Masterclass

Empower your crypto trading skills with our Legends Masterclass. Sign up now and take advantage of our limited-time discount offer! Join the class today.


Related Post

Comments are closed.

Buy / Sell Bitcoin

Rating: 89%

Claim up to $8,800 in Bonus


Rating: 85%

World’s largest crypto exchange

Our Favourite Trading Platforms


Rating: 94%

Claim up to $30,030 in Bonus

100x Leverage


Rating: 91%

Claim up to $7,000 in Bonus

100x Leverage

Follow Us