After the price of Bitcoin surpassed $92,000, the asset's market capitalization rose to $1,83 trillion. This is more than the market capitalization of Saudi Arabia's oil giant Saudi Aramco, which is currently valued at $1,79 trillion.
If Bitcoin continues to grow further, its market capitalization could reach $2,2 trillion, like Alphabet.
Following Donald Trump's victory in the US presidential election, the flagship kriptovalyuta has already surpassed the value of such major companies as Berkshire Hathaway, Tesla and Meta Platforms. Earlier this week, Bitcoin has overtaken silver in market capitalization. The precious metal is now in ninth place with a market cap of $1,73 trillion.
BTC continues to solidify its status as the leading cryptocurrency thanks to an impressive 25% gain in just one week. And analysts believe the rally will continue. Experts expect the asset to rise to $100,000 this year. Users believe so too DeFi - Polymarket forecasting platforms, which estimate this probability at 62%.
On the spot market bitcoin ETF there is increased demand. On Monday, the total daily inflow of funds into BTC-based exchange-traded funds reached $1,1 billion. The following trading day in ETF $817,5 million received.
