• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Overtakes Saudi Aramco, Becomes the Seventh Largest Asset Globally

user avatar

by Giorgi Kostiuk

3 months ago


Bitcoin, the world's largest cryptocurrency, has surpassed the market capitalization of Saudi Aramco, becoming the seventh largest asset globally.

Bitcoin's Historic Growth

Since reaching its all-time high, Bitcoin has risen by more than 12% in a week, reaching a value of $102,221 as of Friday. This growth positions the cryptocurrency as the seventh largest asset in the world, behind companies such as Apple, Microsoft, and Amazon.

Samson Mow's Critique

Samson Mow, JAN3 CEO and Bitcoin enthusiast, addressed criticisms related to Bitcoin's future viability. Last week, Mow quoted an unnamed analyst who doubted Bitcoin's ability to reach $100,000, stating it was impossible. Mow shared a screenshot illustrating Bitcoin's position above Saudi Aramco. Previously, other analysts predicted Bitcoin's value couldn't exceed $200, which turned out to be wrong over time.

Acceleration of Market Momentum

Currently, Bitcoin's price has increased due to positive market sentiment and higher demand. Its current value of $102,221 confirms Bitcoin's status as the best-performing cryptocurrency. This momentum indicates Bitcoin's continued infiltration into conventional assets and creation of new financial landscapes.

With its latest achievement, Bitcoin shows resilience and potential for further growth, continually disproving early criticism and solidifying its position on the global market.

0

Share

Other news

Remittix: A New Hope for Ethereum and Polygon Investors in 2025

Remittix attracts attention with its utility, raising over $14.3 million in presale.

user avatarGiorgi Kostiuk

7 minutes ago

US Lawmakers Push SEC for Information on Trump-Linked Crypto Company

US lawmakers call for SEC transparency regarding transactions of a Trump-linked cryptocurrency firm.

user avatarGiorgi Kostiuk

8 minutes ago

Galaxy Digital Secures FCA Approval for UK Derivatives

Galaxy Digital expands in Europe with FCA approval, reflecting increasing demand for regulated digital asset services.

user avatarGiorgi Kostiuk

8 minutes ago

BITCOIN, RIPPLE, and MAGACOINFINANCE: No One is Immune to Competition

MAGACOINFINANCE is rising fast and may become a serious contender to Bitcoin and Ripple in 2025.

user avatarGiorgi Kostiuk

8 minutes ago

Ethereum: Selling Pressure from Whales and DeFi Market Shift

Ethereum's drop below $1,800 raises market concerns. The $1,762 support level is crucial for a potential price reversal.

user avatarGiorgi Kostiuk

18 minutes ago

Blockchain Networks Compared: Solana, Avalanche, and BlockDAG Testnet

Explore the differences and achievements of Solana, Avalanche, and the BlockDAG testnet in blockchain technology.

user avatarGiorgi Kostiuk

18 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.