Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin Surpasses Meta Corporation in Market Cap

Bitcoin Surpasses Meta Corporation in Market Cap

HappyCoinNewsHappyCoinNews2024/11/07 00:11
By:HappyCoinNews

According to According to Companies Market Cap portal, kriptovalyuta Bitcoin surpassed Meta Corporation in terms of capitalization. Amid the jump in its rate, its capitalization reached $1,46 trillion.

Bitcoin Surpasses Meta Corporation in Market Cap image 0

Over the past 6 hours, Bitcoin's capitalization has increased by more than 75%, which was caused by a sharp rise in the price of the first cryptocurrency above $000. A new price record was set at $75.

Note that previously Bitcoin already surpassed Meta Corporation in terms of capitalization. This happened in January 2024, when spot trading began bitcoin ETF .

What is the reason for the current growth of Bitcoin quotes and capitalization? After it became clear that the Republican candidate Donald Trump was winning the US presidential election, the crypto market began to show an upward trend.

Participants in the crypto sector believe that Donald Trump, who has made many promises to the industry, will fulfill them. Now many industry representatives are waiting for the new US president to fulfill his promises.

Even if Trump doesn't Bitcoin national reserve asset and will not support the crypto market, as promised during the election campaign, it is unlikely Bitcoin will demonstrate a downward trend, although a correction in the asset value is quite likely.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like