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Fortune
Fortune
Catherine McGrath

Bitcoin is now worth more than silver and Saudi Arabia's oil company—and is closing in on Google

The price of Bitcoin is displayed on a screen at a cryptocurrency exchange store in Hong Kong, China. (Credit: Paul Yeung/Bloomberg—Getty Images)

Bitcoin, a once-obscure currency worth just a few pennies, has had a stunning rise over the last 10 years. Today, the currency has solidified its place among the largest financial assets in the world with investors, companies and governments rushing to get a piece as the original cryptocurrency breaks $100,000. 

Bitcoin’s yearlong rally has led it to climb up the list of the world’s most valuable financial assets—it is currently No. 7 on the list.  With a market cap just shy of $2 trillion, the currency is now worth more than silver and the Saudi Arabian oil company Aramco. 

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