Blog

BTC climbs the fifth largest asset in the world, more than Google’s market cap


Bitcoin (BTC) has been Fifth largest property By market capitalization, reaching $ 1.86 trillion and exceeding Google (Goog) as it fell to $ 94,000.

It marked the highest position Bitcoin achieved in the ranks, though its market cap had previously exceeded $ 2 trillion when its price was over $ 109,000. At that time, however, tech stocks were significantly higher than they are today.

Bitcoin has only broken above $ 94,000, which has been positive for the year. Renewed optimism is emerging in the midst of avoiding tensions in the US -China Tariff Trade War, which has gained gains for both Bitcoin and Tech stocks, with NASDAQ futures rising by 2%.

Technical, Bitcoin has already moved to the top Levels of primary resistance That was mentioned on Tuesday. In addition, it has set a new record related to Nasdaqindicating a breakout not only against the major tech indices but also a set of major asset classes.

Assets by Market Cap (CompanymarketCap)

Assets by Market Cap (CompanymarketCap)



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button