BTC has already surpassed Meta in terms of market capitalization.
For now, silver is still worth more than digital currency.
The victory of Donald Trump in the United States presidential elections acted as a catalyst for the price of bitcoin (BTC), which reached a new all-time high and, in addition, displaced the Meta company from ninth place on the list of the most valuable assets in the world. world
As CriptoNoticias already reported, the rise in this ranking took place when bitcoin, with a market capitalization of 1,506 trillion dollars, left behind the firm that was previously Facebookwhose value is 1,493 billion dollars, according to data from CompaniesMarketCap.
In this framework, the question arises as to what price should the currency created by Satoshi Nakamoto rise to outperform other assets, such as silver and gold, or companies like Nvidia, which is currently the most valuable in the world.
Before continuing, it is necessary to clarify that the market capitalization is the value of its elements in circulation and is calculated by multiplying the current price of the digital asset by the quantity that are in circulation in the market. This is a key metric for evaluating the size and position of, in this case, BTC.
That said, it is now important to note that to know what price bitcoin should go to in order to surpass the most valuable assets, the calculation that must be done is to divide the market capitalization of the asset or company by the total amount of BTC in circulation (19,779 .437 BTC, at the time of publication of this note).
Silver appears in eighth place, with a market capitalization of 1,782 trillion dollars. Following that calculation, the digital currency would need to be priced at $90,093 to outperform the precious metal.
Then appears Aramco, the Saudi firm dedicated to oil exploitation, which currently occupies seventh place, with a capitalization of 1,804 billion dollars. To occupy that position, The BTC price should reach $91,205.
Next, the presence of Amazon stands out, the renowned e-commerce company, which has a market capitalization of 2,208 billion dollars. If BTC reaches $111,631, it will surpass the firm in sixth place on this list.
Currently, fifth place is occupied by Alphabet, the American company whose main subsidiary is Google, with a market value of 2,221 billion dollars. To overcome it, BTC would have to reach $112,288.
In fourth place is Microsoft, with a market value of $3.163 billion. To occupy that position, the digital currency created by Satoshi Nakamoto would have to reach a price of $159,913.
The technology company Apple has a market capitalization of 3,438 billion dollars and is third on the list. The price of bitcoin would have to be $173,816 to move it from that place.
Nvidia, the most valuable company in the world, with a market capitalization of $3.652 trillion, is second behind gold. The price of the digital asset would have to be $184,636 to surpass it.
In first place is gold, with a market capitalization of $18.119 trillion. To overcome it, BTC would need to reach a price of $916,052.
Bullish projections in the short term
If the projections of some specialists are fulfilled, BTC could be the fifth most valuable asset in the world in the short term (maybe in 2025).
After Trump was proclaimed winner of the US elections, plus the 25 basis point cut in the interest rate announced yesterday by the Federal Reserve (Fed), the price of BTC skyrocketed. Given this panorama, The market expects a scenario of high volatility.
At the time of publishing this note, the price of the digital asset is $76,361.
For Bernstein, a company specialized in research and execution of global stock transactions, The price of bitcoin could reach $90,000 in the coming weeks.
For his part, Iván Paz Chain, CEO of Trading Differentalso maintains that the price of BTC will continue to rise in the medium and long term. In conversation with CriptoNoticias during LABITCONF, the businessman said: “I am calmly projecting bitcoin above $140,000.”
Meanwhile, Argentine influencer Norberto Giudice, better known as CriptoNorber, told CriptoNoticias that after Trump’s victory and the Fed’s cut “we could talk about this super cycle where bitcoin would even go close to $200,000.” If this were to happen, BTC would be the second most valuable asset in the world, behind gold.
