Bitcoin has moved back into the top 15 global assets by market capitalization after surpassing Tesla, according to data from 8MarketCap. The latest figures put Bitcoin’s market value at about $1.63 trillion, with a 24-hour gain of 5.05%. Tesla, by comparison, closed at $364.27 on Friday in U.S. stock trading, down 0.53% on the day, giving the company a market capitalization of roughly $1.438 trillion. The ranking shift reflects Bitcoin’s higher valuation relative to the electric vehicle maker at the time of the data snapshot cited by ChainCatcher.
Bitcoin’s market capitalization has overtaken Tesla’s, pushing the cryptocurrency back into the top 15 global assets by market value, according to 8MarketCap data cited by ChainCatcher.
Bitcoin’s market cap was about $1.63 trillion, with a 24-hour gain of 5.05%.
Tesla shares closed at $364.27 on Friday in U.S. trading, down 0.53% on the day, leaving the company with a market capitalization of about $1.438 trillion.
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