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Image Credit: Bitcoinist

Bitcoin Outshines Silver, Claiming 8th Largest Global Asset Title With $1.76T Valuation

  • Bitcoin has claimed the title of the 8th largest global asset with a market valuation of $1.76 trillion, surpassing silver.
  • The price of Bitcoin has surpassed $89,000, marking an 11.3% increase and pushing it to the 8th spot on the list.
  • This milestone reflects growing public acceptance of Bitcoin and its role as an alternative to traditional assets.
  • The surge in Bitcoin's value is attributed to bullish sentiment from institutional investors and the incoming US president's crypto-friendly policies.

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