 |
Bitcoin (BTC), which is breaking the record high every day, is ranked 8th in the world asset rankings based on market capitalization.
According to Dash Asset, an asset data platform on the 7th, Bitcoin is ranked 8th in the global asset rankings, surpassing $37,000 for the first time ever.
It has outpaced China’s largest online commerce company Alibaba, the world’s largest bank JP Morgan Chase, Taiwanese semiconductor manufacturer TSMC, Warren Buffett’s Berkshire Hathaware, Visa, and Mastercard.
Bitcoin is now closely following the big IT tech giants Apple, Microsoft, Amazon, Alphabet A, Facebook, Tesla, and Tencent. Based on the current supply, Bitcoin can catch up to Tesla if it exceeds $40,000 and Facebook if it exceeds $50,000.
Due to the steep price hike, the Bitcoin asset rankings rose one step over a week and two steps over a month. Even if you include gold ($12 trillion in market cap) and silver ($1.48 trillion in market cap) in the rankings, it still holds the top 10 global assets.
Meanwhile, Ethereum, the second-largest cryptocurrency in the market cap, ranked 70th. Due to the rapid rise, the asset rankings jumped 17 places in a week and 52 places in a month.
On this day, Ethereum surpassed $1,200 and reached a market cap of $138.3 billion. It beat Chinese e-commerce companies Jingdong.com, City Group, and Wells Fargo. In 69th place is the global logistics carrier UPS ($1392 billion).