Along with pushing Bitcoin over several blue-chip behemoths, this powerful spike also demonstrates how popular it is becoming among conventional financial heavyweights. Surpassing well-known companies and even coming dangerously near to traditional safe-haven titans, the development underscores BTC’s journey from a mere asset to a mainstream asset.
The first position remains occupied by Gold, with a market value of over $22.470 trillion. Meanwhile, NVIDIA, with $4.031 trillion market value, and Microsoft, with a $3.727 trillion market value, are in the second and third spots, respectively.
The article goes on to say that the 100% year-to-date gain solidifies Bitcoin’s position as the most robust asset of the previous ten years. Although the data did not identify the factors that led to the most recent surge, the designation highlights how the price performance of cryptocurrencies in comparison to other major asset classes is becoming more widely recognized.
