The market capitalization of Bitcoin exceeds that of Ethereum by $1 trillion
The market capitalization of Bitcoin reached $1.35 trillion, which is $1 trillion more than Ethereum ($318.32 billion).
- Since the beginning of October, Bitcoin's market capitalization has increased by 8.9%, leading to further speculation about a possible price rise.
- The price of Bitcoin surpassed $68,000 for the first time since July of this year.
- Bitcoin ranks 10th among global assets by market capitalization, trailing behind Meta Platforms ($1.46 trillion).
- Gold remains the largest asset by market capitalization — $18.38 trillion.
- Fred Krueger predicts that by 2040, Bitcoin's market capitalization could reach $100 trillion, which would equate to a price of $5 million per coin.