Bitcoin Market Cap Surge: BLOX Gains Near Full Capacity
- Gold experienced a notable price increase, gaining 4.4% in value within 24 hours, adding approximately $1.65 trillion to its total market capitalization.
- the price of gold broke the $5,500 barrier, establishing a new record high.
- Silver is also participating in the rally, increasing by 21.5% over the past week and reaching a total value of approximately $6.6 trillion.
Gold‘s Market Value surpasses Bitcoin After Record-Breaking Price Surge
Gold experienced a notable price increase, gaining 4.4% in value within 24 hours, adding approximately $1.65 trillion to its total market capitalization. This surge brings gold’s overall value to around $38.77 trillion as of January 29, 2024, nearly equaling the total market capitalization of Bitcoin.
Gold’s Market Value Exceeds Bitcoin’s
the price of gold broke the $5,500 barrier, establishing a new record high. Currently,Bitcoin’s market capitalization stands at approximately $1.75 trillion. (source: BTCDirect)
Silver is also participating in the rally, increasing by 21.5% over the past week and reaching a total value of approximately $6.6 trillion. This makes silver’s market capitalization larger than that of Nvidia,the largest publicly traded semiconductor company.