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International Business Times

Business

Marvie Basilan

Bitcoin Flips Silver, Challenges $90K Amid Optimism For Trump's Crypto Promises

Bitcoin Donald Trump Crypto silver Saudi Aramco United States White House David Bailey Meta CoinGecko

Bitcoin is on a wild ride to the moon, challenging $90,000 a week after the U.S. elections. (Credit: AFP)

KEY POINTS

Bitcoin hit $89,560 at one point Sunday night amid a 30% weeklong surge
$BTC is now the world's 8th largest asset, pushing silver to 9th and leaving Meta at 10th
Many crypto users are hopeful Trump will keep his Bitcoin and crypto promises

Bitcoin has surged once more just days after setting new all-time highs, this time surging above $89,000, allowing the world's first decentralized cryptocurrency to flip silver's market capitalization.

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