Bitcoin #10
When looking at the recent list of the top ten assets in the world based on their market cap, it's nice for bitcoin and crypto fans to see the King of Crypto placed comfortably in the top ten. Bitcoin is valued at €1.2T according to the list, with gold being the most valuable asset at almost €18T. Apple ranks second, with Nivida and Microsoft making up the top four. Google, Amazon, Silver, Saudi Aramco and Facebook complete the top ten along with Bitcoin.


Meanwhile, Ethereum is in 38th position globally and trailing just behind Coca-Cola and Netflix. The world's second-largest cryptocurrency still lags some way behind bitcoin and will have to overcome many other premium industries before it can challenge bitcoin, but overall it stands strong in the rankings.


Over the past year, the price of bitcoin has risen from $27,500 to $62,000. It has been a good year for bitcoin and there is plenty of scope for its price to rise even further with the expected bull run in the coming years. For now, bitcoin is comfortable in tenth place, but I wouldn't be surprised if it continues to grow and may even have the potential to climb into the top 5 positions in the coming years. Only time will tell, but the signs are looking good.


Resources - https://companiesmarketcap.com/eur/assets-by-market-cap/