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Carousel | Bitcoin Soars, Becomes the Fifth Most Valuable Asset in the World
Bitcoin has just broken its latest all-time high of US$121 thousand this morning. This figure also brings Bitcoin's market capitalization up to US$2.4 trillion, making it the fifth most valuable asset in the world, surpassing silver, Amazon, and Google, as reported by Companies Market Cap.
This record was achieved within a day, after Bitcoin surpassed the market capitalization of Alphabet, the parent company of Google, with its current market value of US$2.19 trillion.
If this rally continues, it is inevitable that Bitcoin will follow the market capitalization of tech giant Apple. If this happens, Bitcoin could be regarded as a valuable asset for investors worldwide.