Quick Take
The recent bullish trend in Bitcoin’s price has led to a significant upturn in its market capitalization, which now stands at approximately $675 billion. This price ascent, marked by a 20% gain in just five days, has hoisted Bitcoin’s price to just below $35,000.
This surge has resulted in Bitcoin leapfrogging Tesla to secure its position as the 11th largest asset by market capitalization. Over the course of the previous month, Tesla’s value has depreciated by 13%, whereas Bitcoin has witnessed an appreciation of 30%.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased