Bitcoin is Now the 9th Largest Asset in the world, Surpassing Tesla in Market Cap

The Bitcoin marketcap is now just under 1 trillion USD continues to grow, surpassing big companies such as Telsa, Berkshire Hathaway and Alibaba.

Could it overtake Gold, and reach number 1?

For Bitcoin to get to the top it would need to overtake Gold, which has a 11 Trillion dollar market cap. That would take some doing – but who is to say it’s not possible, especially at the rate BTC it growing.

To surpass Gold, the price of bitcoin need to grow 10x and be worth over $500,000 per BTC – not taking into account any growth that Gold would have over the time period, which you expect it would.

Bitcoin Marketcap Trend

Bitcoin has a trend that previous highs get smashed by new highs, where the previous high appears a small bump in the chart. The trend continues so far…