2024

Bitcoin

Meta

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Bitcoin outperformed Meta in market cap, becoming the 9th world asset.</li> 
 <li>Earlier, BTC reached a new ATH above $75,000, amidst Donald Trump’s win in the 2024 US Elections.</li> 
</ul> 
<p>Bitcoin has just surpassed Meta Platforms (Facebook) in terms of market cap, becoming the 9th largest asset in the world.</p> 
<h2 id="bitcoin-world-s-9th-asset-by-market-cap">Bitcoin – World’s 9th Asset by Market Cap</h2> 
<p>According to official data, Bitcoin now has a market cap of over $1.465 million, up by almost 8% in the past 24 hours.</p> 
<p>Bitcoin surpassed Meta which is currently listed as having a $1.445 trillion market cap, up by 2% in the past 24 hours.</p> 
<p>The first place is taken by gold with a market cap of over $18 trillion (down by over 2% today), followed by Nvidia with more than $3.4 trillion (up by almost 3% today). Apple is listed at over $3.37 trillion, up by 0.65% today.</p> 
<figure id="attachment_52722" aria-describedby="caption-attachment-52722" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets.png"><img loading="lazy" decoding="async" class="wp-image-52722 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets.png" alt="Top assets by market cap" width="1647" height="977" title="Bitcoin Becomes the World's 9th Largest Asset by Market Cap 21" srcset="https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets.png 1647w, https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets-300x178.png 300w, https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets-1024x607.png 1024w, https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets-768x456.png 768w, https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets-1536x911.png 1536w, https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets-750x445.png 750w, https://crypto.ro/en/wp-content/uploads/2024/11/6novtopassets-1140x676.png 1140w" sizes="(max-width: 1647px) 100vw, 1647px"></a>
 <figcaption id="caption-attachment-52722" class="wp-caption-text">
  Top assets by market cap
 </figcaption>
</figure> 
<p>The <a href="https://companiesmarketcap.com/assets-by-market-cap/" rel="nofollow noopener" target="_blank">official top</a> includes all assets, such as public companies, precious metals, cryptos, and ETFs.</p> 
<p>Surpassing Meta is just the beginning as Bitcoin has bigger milestones ahead, with predictions of topping <a href="https://crypto.ro/en/news/will-bitcoin-reach-100k-in-february-2025/">$100,000 by 2025</a>.</p> 
<h2 id="bitcoin-hit-a-new-ath-above-75-000">Bitcoin Hit a New ATH Above $75,000</h2> 
<p>Earlier today, BTC hit a new ATH above $75,000 as the US elections’ results were coming in.</p> 
<p>At the moment of writing this article, BTC is trading above $74,000, up by almost 8% in the past 24 hours.</p> 
<figure id="attachment_52723" aria-describedby="caption-attachment-52723" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/11/BTC_1D_graph_coinmarketcap-2024-11-06T153901.640.jpeg"><img loading="lazy" decoding="async" class="wp-image-52723 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/11/BTC_1D_graph_coinmarketcap-2024-11-06T153901.640.jpeg" alt="BTC price in USD today" width="1200" height="800" title="Bitcoin Becomes the World's 9th Largest Asset by Market Cap 22" srcset="https://crypto.ro/en/wp-content/uploads/2024/11/BTC_1D_graph_coinmarketcap-2024-11-06T153901.640.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/11/BTC_1D_graph_coinmarketcap-2024-11-06T153901.640-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/11/BTC_1D_graph_coinmarketcap-2024-11-06T153901.640-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/11/BTC_1D_graph_coinmarketcap-2024-11-06T153901.640-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/11/BTC_1D_graph_coinmarketcap-2024-11-06T153901.640-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/11/BTC_1D_graph_coinmarketcap-2024-11-06T153901.640-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-52723" class="wp-caption-text">
  BTC price in USD today
 </figcaption>
</figure> 
<p>On November 4th, BTC’s price dipped below $67,000, but then saw a price rebound that peaked earlier today, reaching a new ATH.</p> 
<p>BTC’s price surged significantly as the US election results came in, showing a clear victory for the Republican Donald Trump.</p> 
<p>Trump’s victory comes following massive efforts and support from important names including Elon Musk, RFK Jr., and others.</p> 
<p>In a recent <a href="https://x.com/elonmusk/status/1854024475559248300" rel="nofollow" target="_blank">post</a> via X, Musk said that the pressure was high for him as well, but it pales compared to what the US President had to endure this year.</p> 
<p>Trump has been showing increased support for the crypto industry throughout 2024, with many<a href="https://crypto.ro/en/news/top-11-crypto-promises-made-by-us-president-donald-trump-in-2024/"> promises</a> that wait to become reality.</p>

Bitcoin Becomes the World’s 9th Largest Asset by Market Cap

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