Bitcoin has overtaken Tesla to re-enter the top 10 global assets by market capitalization, according to the latest data from 8marketcap. With its price exceeding $30,300**, Bitcoin’s market cap now stands at **$586.44 billion, securing the 10th position worldwide. Meanwhile, Tesla’s market cap has slipped to $572.18 billion, ranking 11th.
Top 10 Global Assets/Companies by Market Capitalization
- Gold: $13.557 trillion
- Apple: $2.533 trillion
- Microsoft: $2.11 trillion
- Saudi Aramco: $1.926 trillion
- Silver: $1.456 trillion
- Alphabet (Google): $1.343 trillion
- Amazon: $1.002 trillion
- Berkshire Hathaway: $693.72 billion
- NVIDIA: $654.42 billion
- Bitcoin: $586.44 billion
Key Takeaways:
- Bitcoin’s Resilience: Despite market volatility, Bitcoin continues to demonstrate its dominance as a store of value, outperforming legacy corporations like Tesla.
- Tesla’s Position: The electric vehicle giant’s valuation fluctuates amid broader market trends and competitive pressures.
- Precious Metals Lead: Gold and silver remain unmatched in total market value, reflecting their enduring appeal.
FAQs
Q: Why did Bitcoin surpass Tesla in market cap?
A: Bitcoin’s price surge above $30,000 increased its market capitalization, while Tesla’s valuation dipped due to sector-specific challenges and broader economic factors.
Q: What drives Bitcoin’s market value?
A: Adoption by institutions, regulatory developments, scarcity (capped supply of 21 million coins), and its role as a hedge against inflation contribute to Bitcoin’s valuation.
Q: Could Tesla reclaim its position?
A: Yes—if Tesla’s stock rebounds or Bitcoin experiences a price correction, their rankings may shift again.
👉 Discover how Bitcoin’s volatility compares to traditional assets
Broader Implications
Bitcoin’s re-entry into the top 10 underscores its growing legitimacy as a global asset class. Meanwhile, companies like NVIDIA and Berkshire Hathaway highlight the diversification within top-tier valuations.
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