Bitcoin closes year with 26th largest market cap globally
AD
Summary:Ethereum ranked 77th, while Tesla loses its place in the top-10.

When BTC (BTC) entered Christmas, its market value was the 26th largest, at $324.68 billion, slightly lower than MasterCard's $328.35 billion.

On the other hand, ETH ranked 77th with a market value of $147.6 billion, while Tesla Motors ranked the top 10 with a market value of $395.82 billion, ranking 13th.

Ranking by market value

Gold, Apple and Saudi Aramco are the top three assets, with larger market capitalization of US $1193.9 million, US $210.3 million and US $181.9 million respectively.

Microsoft, Platinum, Google Search and Amazon ranked fourth, fifth, sixth and seventh in terms of market capitalization of $177.5 million, $133.3 million, $113.7 million and $854.8 billion, respectively.

On the other hand, Meta platform and Samsung ranked 30th and 31st after BTC with a market value of US $311.31 billion and US $304.89 billion.

Gold and BTC

On October 24,Data encryption quartz sandstoneInvestment analysts revealed that since last year, the correlation between BTC and gold has reached 85%. This discovery shows that these assets are improved and reduced at the same time and in the same proportion, with an accuracy of 85%.

On November 4, market data also showed that BTC's response to the US interest rate hike of 0.75% was even better than gold or NASDAQ. As a reflection of the surge, gold fell 0.68%, while Nasdaq fell 4.97%. On the other hand, BTC rose by 0.55% in the same period, indicating that BTC as an asset "has a higher safety factor than NASDAQ or gold".

The famous name of digital currency also recognizes the intermediate correlation between BTC and gold. authorBTC: The future of money?Dominic Frisby proposed to buy BTC and gold together to fight inflation, while Buterin, the founder of ETH, only relied on BTC.

Disclaimer:As an open information publishing platform, shilian only represents the author's personal views and has nothing to do with shilian. If the article, picture, audio or video contains infringement, violation or other inappropriate remarks, please provide relevant materials and send it to: 2785592653@qq.com.
Hint:The information provided on this site does not represent any investment suggestion. Investment is risky, and you must be cautious when entering the market.
ShilianFan group:Provide the latest hot news, airdrop candy, red envelopes and other benefits, WeChat: rtt4322.