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International Business Times

Business

Marvie Basilan

Bitcoin Topples Saudi Aramco To Become World's 7th Largest Asset By Market Cap

Bitcoin Aramco Saudi Aramco Donald Trump Milestone Ki Young Ju Satoshi Nakamoto Oil Crypto Google

Bitcoin passed silver last week, now it has also toppled the great Saudi Aramco. (Credit: QuoteInspector.com/flickr)

KEY POINTS

$BTC's market cap has reached $1.817 trillion compared to Aramco's $1.798 trillion as of early Tuesday
Bitcoin passed silver's market value last week amid optimism around Trump 2.0
Aramco is 91 years old, whereas Bitcoin officially entered the market in 2009

Bitcoin has reached a new milestone, passing Saudi Aramco to become the world's seventh-largest asset by market capitalization. The development comes just days after the world's first decentralized cryptocurrency toppled silver's market value.

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