Bitcoin leaves silver behind and aims to overtake new giants

Bitcoin is experiencing a remarkable rise, reaching a market capitalization of $1,87 trillion. 

With this figure, the leading cryptocurrency has surpassed silver, positioning itself as one of the largest assets globally. For Bitcoin, this achievement underscores its growing relevance in the global financial context, driven by both institutional adoption and macroeconomic factors that boost its value.

The increase in Bitcoin's market capitalization reflects a dramatic shift in investor perception. The cryptocurrency has established itself as an investment asset that attracts both retail and large institutional investors. Its recent appreciation, which has seen it trade above $90.000, comes at a time when economic policies and trade agreements are significantly impacting global markets. 

The combination of the above factors has created an environment conducive to Bitcoin's appreciation, strengthening its position as a benchmark digital asset.

Bitcoin climbs: Overtakes financial giants

Bitcoin's recent rise in the ranking of the world's largest assets by market capitalization is a testament to its growing acceptance and adoption. 

According to CompaniesMarketCap data, with a market capitalization of $1,87 trillion, Bitcoin is now among the seven most valuable assets in the world., just behind gold, Apple, Microsoft, and Nvidia. This achievement not only highlights investor interest but also the cryptocurrency's resilience in a volatile market.

This increase in value occurs amid a lack of correlation with US technology stocks. While the Nasdaq 100 experienced a 4,5% drop in April, Bitcoin's price rose 15% over the same period. This divergence suggests that the cryptocurrency is increasingly being viewed as a safe haven asset, independent of traditional stock markets.

Furthermore, experts have compared Bitcoin's growth to companies like Tesla to provide an interesting perspective. To put Bitcoin's $1,87 trillion valuation into perspective, it is now worth more than two Teslas, a fact that underscores the magnitude of its growth and its impact on the financial landscape.

Institutional adoption and political and economic momentum in the US

Institutional adoption has been a driving factor in Bitcoin's recent boom. The emergence of Bitcoin exchange-traded funds (ETFs) has made investing easier for a wider audience, including institutional investors who were previously reluctant to invest directly in the cryptocurrency. These ETFs have made Bitcoin accessible through regulated financial products, increasing trust and demand.

However, one of the most significant reasons for the cryptocurrency's recent rise appears to be the political and economic environment in the United States, which is playing an increasingly crucial role in its valuation. Cryptocurrency-friendly policies, along with comments from influential figures such as Paul Atkins, who promised to regulate cryptocurrencies with a more user-friendly approach from the SEC, have boosted Bitcoin's value. Likewise, Donald Trump's criticism of Jerome Powell and his proposal to create a Bitcoin Strategic Reserve has sparked debate about the independence of the Federal Reserve and Bitcoin's role as an alternative to the traditional financial system.

Additionally, trade agreements and tariff policies between the United States and China have a direct impact on the global economy and, consequently, on the value of Bitcoin, which is increasingly consolidating as an attractive asset in times of economic uncertainty and trade tensions.

Certificate

Basic Bitcoin Course

Basic level

Start from scratch in Bitcoin in a clear, easy, safe and quick way. This course is specially designed for beginners practically know nothing about Bitcoin.

GRATIS 16 lessons (11 videos)

Start now

Future Outlook: Will Bitcoin's Rise Continue?

Considering the factors that have driven its recent success, Bitcoin is in a strong position to continue its rise in the financial world. Institutional adoption, favorable policies, and a supportive macroeconomic environment suggest that Bitcoin has the potential to continue increasing its market capitalization and surpass other financial giants, such as NVIDIA.

As Bitcoin consolidates its position as a benchmark asset, we are likely to see further integration into the global financial system and increased adoption and use as a means of payment and store of value.

In conclusion, Bitcoin once again demonstrates its ability to adapt and thrive in a constantly changing economic and political environment. Its recent rise in the rankings of the most valuable global assets is a testament to its growing importance and potential to transform the financial world. 

Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.