• Access news anywhere with our mobile app    
Crypto news

Bitcoin now has 10% of gold’s market cap

Bitcoin-vs-Gold-Which-is-a-better-store-of-value-1280x720

As the current Bitcoin rally continues, the asset’s market capitalization is also gaining momentum in a bid to catch up with leading traditional assets like gold.

With a market cap of $1.07 trillion, Bitcoin now accounts for 9.85% of Gold’s $10.9 trillion. The cryptocurrency’s market cap alongside its value surged from 2020 Q4, with the asset hitting an all-time high of $57,800 on March 12, 2021.

Bitcoin now has 10% of gold's market cap

The digital currency’s market capitalization also represents about 53.08% of Apple’s $2.07 trillion. Elsewhere, Silver has a market cap of $1.42 trillion, Bitcoin accounting for 76.09%.



#optinforms-form5-title{display:none;}#optinforms-form5-subtitle{display:none;}#optinforms-form5-disclaimer{margin:0 20px;}#optinforms-form5-name-field{display:none;}#optinforms-form5-disclaimer{display:none;}#optinforms-form5-container-right{display:none;}#optinforms-form5-container-left{margin:10px 0;width:100%;}

Source : ICO Now

Previous ArticleNext Article