Bitcoin (BTC) surpasses $35,000 and becomes one of the world’s ten most capitalised assets

Bitcoin (BTC) surpasses $35,000 and becomes one of the world’s ten most capitalised assets
2 minutes of reading Posted by Marine Debelloir. This entry was last updated on January 6, 2021 at 8:34 AM.

Bitcoin (BTC) has been breaking record after record since it broke the $20,000 mark less than three weeks ago. It has just passed the $35,000 mark, and is now among the top 10 of the world’s most capitalised assets.

Bitcoin (BTC) surpasses $35,000 and becomes one of the world’s ten most capitalised assets
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Bitcoin (BTC) rebounds above $35,000

As we explained yesterday, Bitcoin (BTC) had marked the pace once the 30 000 dollar stage had been passed on January 2nd. The next day, it had hit the 35 000 dollar mark, making us fear a prolonged downturn. But the biggest cryptomonnaie managed to get through the barrier less than three days later.

This morning, the price of Bitcoin stood at $35,100, an all-time record. The capitalisation of digital currency now exceeds $652 billion. Over the last 24 hours, this corresponds to an increase of +14%:

Bitcoin BTC price

Source: TradingView, BTC/USDT

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Bitcoin enters the big league
As noted on the AssetDash website, which lists significant assets by market cap, Bitcoin is now in the top 10 of the world’s most capitalised assets. This morning, it even managed to overtake Alibaba Group Holding, which dominated it until a few hours ago. It is preceded by the shares of the biggest heavyweights in their respective sectors, including Apple, Microsoft, Amazon, Alphabet A (Google) and Tesla :

Asset classification by capitalisation Bitcoin BTC

Bitcoin Prime Verification feature

This is another automated feature on the site. The verification is done to confirm that the information entered by the potential account owner is correct. The Bitcoin Prime verification process is also done to ascertain that the account owner is human; it is illegal for bots to trade with Bitcoin Prime.

Source: AssetDash

Cryptography still has a long way to go before it catches up with Google and Amazon, but it could soon overtake Tesla, which has „only“ a capitalisation of 696 billion dollars.

This shows the incredible trajectory of Bitcoin, which has exploded all its records in just over two weeks. The Altcoins are far behind, with the exception of Ether (ETH), which is now in 75th place in the rankings: it has risen nearly 10 places in the space of a few hours. This morning it has a capitalisation of 131 billion dollars. ETH’s share price also seems to be holding above $1,100.

👉 Also to be read: Ethereum (ETH) transaction costs reach an all-time high