BTC capitalization 1.29$ trillion

[NikeFit_7777]

With the value of BTC increasing above 66,000$, the total market value of the first cryptocurrency reached the level of 1.29$ trillion, which represents an absolute historical peak.

In parallel, Bitcoin surpassed Meta in terms of capitalization and ranked 9th among all global assets.

P.S. Do you expect BTC, from 9th place, to overtake Silver + Alphabet (Google) in the short term?

[TomPluz]

I am so positive that within this year the price of Bitcoin can possibly touch around $150K and in this scenario BTC will be the number 3 or number 4 in terms of market capitalization beating many big companies and assets in the market. There is that prediction that many years from now, BTC can eventually go beyond gold and be the top asset globally...when that can happen is the question and not if. With the kind of recognition Bitcoin is getting right now and the establishment of many ETFs in the process, the demand is outstripping supply. of course, there will be ups and downs along the way and we should expect them based on the precedents in BTC history but the overall trajectory is quite good and BTC will eventually win above all else. Now, this is just my personal opinion and should not be construed as a financial advice.

[yhiaali3]

Of course, with this number that Bitcoin has reached while we are still on the rise and have not achieved the ATH, it is very possible for it to surpass Silver + Alphabet (Google) quite easily.

I also notice that there is a slight difference between the market capitalization of Bitcoin and silver, so with a small rise it can surpass silver, and if it continues to rise after the halving and reaches 100K$, then it can easily surpass Google.

The question here is: Will Bitcoin maintain its position after halving? Because, as expected, according to each cycle, there will be a decline, and thus Bitcoin may return to position 10 or more.

[Lucius]

Bitcoin is now at $1,345 T, but silver is at $1,588 T, which means that these places are changing very quickly, which means that BTC will probably not become dominant in this regard very soon.

However, I personally expect that BTC will overtake silver in terms of total value by the end of the year, although it is difficult to say what will happen with all these companies that are ahead, given that they are mostly US companies, and the situation in that country is not the best when it comes to fiscal policy and a possible change of government in terms of presidential elections at the end of the year.

~snip~
The question here is: Will Bitcoin maintain its position after halving? Because, as expected, according to each cycle, there will be a decline, and thus Bitcoin may return to position 10 or more.

After the halving, there was always a positive period of at least 1+ years, so we can therefore speculate that this year and next year will be very positive for the price - but if, as before, a large price correction occurs and BTC loses 50%+ in price, then it is very likely that it will be difficult to keep the position in the top 10.

[Charles-Tim]

P.S. Do you expect BTC, from 9th place, to overtake Silver + Alphabet (Google) in the short term?

Bitcoin almost has the marketcap of silver, but just little difference. Google marketcap is not that far away. Bitcoin will later surpass both as time goes. But there may still be a bear market that may drop the marketcap back a bit which might make it fall below both asset prices, but a time is coming when bitcoin marketcap will surpass both silver and Google marketcap with both not get above bitcoin marketcap anymore. Maybe the time is even close, but I am not sure. But in long term, I am certain.

[MrSpasybo]

In parallel, Bitcoin surpassed Meta in terms of capitalization and ranked 9th among all global assets.

P.S. Do you expect BTC, from 9th place, to overtake Silver + Alphabet (Google) in the short term?

I maintain my expectation for 1BTC = $150K-170K in this cycle, meaning that BTC's market cap could reach over $3T and compete directly with Microsoft, Apple, Nvidia, not just Silver or Alphabet. Of course, as the financial market develops, the marketcap of technology stocks will also increase, but BTC will outperform them in terms of price performance. For me, BTC will be in the top-5 market cap in 2025, although it may fall out of the top10 again in the crypto winter of 2026-2027 ^^

Let Silver market cap be the target for ETH, and BTC towards Gold market cap in the long term!

[UNIVERSE]

Wow, I just saw this. The development of Bitcoin's capital market is truly extraordinary. In the end, Bitcoin was able to shift position 9. Bitcoin's success in reaching position 9 this time is truly a very good achievement this year. Because indeed, this is not an easy thing for all assets to enter the top 10 and ultimately shift other market caps. So far, Bitcoin has managed to do it quite cool. Yes, even though compared to gold, it's still a very big difference. Gold remains number 1 in market cap. With the amount of Bitcoin's market cap, it is possible that Bitcoin could also succeed in taking over the 8th position if its market cap again rises significantly again. However, what is fearful is that this only happens because it is approaching the halving or because it is just about to become a bullish era. Yes, let's see how the Bitcoin market continues globally.

[Dr.Bitcoin_Strange]

It's just a matter of time. I believe that in the future, the Bitcoin price will grow to $250k per coin, investors will increase, and the market will get more bullish. The same significant amount of growth might also take place for silver and Google, but definitely, I feel that the Bitcoin market capitalization will surpass those two companies. Let's date back some years ago, you could see that the market cap of Bitcoin was not up to those two companies, but look at the market cap of those two companies above Bitcoin. The level of the gap is very small, and in a matter of time, Bitcoin will go past them. 

[Captain Corporate]

Yeah I checked it now, its about 1.4 trillion at the moment. It is quite important to remember that we are a currency tho, not an "asset". Which means that it would be like comparing the "marketcap of us dollars", which makes no sense to be fair. I feel like that would be the most important part, and we could keep growing more and more, because it doesn't require any revenue or profit or anything by selling something, its not a company, its literally just us deciding what the price should be, so if we say 140k tomorrow morning, then suddenly we are 2.8 trillion dollars. Not like that's impossible, we have went from 35k to 70k in just a few months, so its doable too.

[hugeblack]

I think that the long-term support price will be in the range of $60,000 to $70,000, which means that we will always be above $1 trillion. Assuming that the list will not change much, we can say that Bitcoin will not fall from the top 10. Its position will change to the top 5 with the peak of the current cycle and we will return once again by the end of this cycle.

[bayu7adi]

This is likely to happen at the end of 2025 if the BTC price really experiences bullishness to reach $150k or maybe $200k as predicted by many people. However, because this seems difficult to happen, it is possible that it will take longer to surpass the position of several other companies such as Alphabet (Google). Maybe the halving in 2028 will be another big thing for Bitcoin to shock the world.

[dwyane36]

This is likely to happen at the end of 2025 if the BTC price really experiences bullishness to reach $150k or maybe $200k as predicted by many people. However, because this seems difficult to happen, it is possible that it will take longer to surpass the position of several other companies such as Alphabet (Google). Maybe the halving in 2028 will be another big thing for Bitcoin to shock the world.

To be honest, I don't think it makes much sense to compare the Bitcoin market cap with large companies because they are different things. Personally, I have no doubt that Bitcoin will overtake all of them, including Microsoft. It's just a matter of time.
p.s.
Who knows, maybe one day, Bitcoin will be able to equal the gold market cap. The only nuance is that the Bitcoin price should be more than $800k in that case.

[Don Pedro Dinero]

Yeah I checked it now, its about 1.4 trillion at the moment. It is quite important to remember that we are a currency tho, not an "asset". Which means that it would be like comparing the "marketcap of us dollars", which makes no sense to be fair.

What you say is incorrect. Most of the world's legislation considers it an asset and the vast majority of people buy it as an asset, not to pay for coffees. It has a minority use as a currency but that does not make it a currency. Even in El Salvador, where it is legally recognised as a currency, it is hardly used for daily expenses. So it makes perfect sense to consider it an asset.

[Freemind]

Yeah I checked it now, its about 1.4 trillion at the moment. It is quite important to remember that we are a currency tho, not an "asset". Which means that it would be like comparing the "marketcap of us dollars", which makes no sense to be fair. I feel like that would be the most important part, and we could keep growing more and more, because it doesn't require any revenue or profit or anything by selling something, its not a company, its literally just us deciding what the price should be, so if we say 140k tomorrow morning, then suddenly we are 2.8 trillion dollars. Not like that's impossible, we have went from 35k to 70k in just a few months, so its doable too.

To put more context on what @Don Pedro Dinero said, take a look at the article linked at the end of the post. Not everyone wants Bitcoin, much less if it is imposed by a government, a government that has not adequately educated its citizens to use a digital asset. Imagine the chaos of having to match product prices in national currency and Bitcoin, or learning how to use a POS but with the characteristics of Bitcoin... All this involves learning. Human beings fear and reject what they do not know and what is imposed.

This article has links to others with very interesting information about Bitcoin in El Salvador.

Two years of bitcoin in Bukele’s El Salvador: An opaque experiment with a little-used currency.

[KingsDen]

Bitcoin is definitely overtaking silver in this one. This will not take long, during the upcoming bull run bitcoin will surely overtake silver in market capitalization. Gone are the days people have negative mindset and expectations about bitcoin. These days, it's all good for bitcoin and it seems that government is tired of fighting bitcoin but rather they are bent to regulating it. I am confident that bitcoin is heading to number one and it must happen someday.