{"id":141997,"date":"2024-11-11T23:32:47","date_gmt":"2024-11-11T21:32:47","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141997"},"modified":"2024-11-11T23:40:57","modified_gmt":"2024-11-11T21:40:57","slug":"bitcoin-reaches-historic-88000-outpaces-silvers-market-cap","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-reaches-historic-88000-outpaces-silvers-market-cap\/","title":{"rendered":"Bitcoin Outpaces Silver, Becoming the 8th Largest Asset in the World"},"content":{"rendered":"<p>After Donald Trump&#8217;s <strong><a href=\"https:\/\/cryptodnes.bg\/en\/breaking-donald-trump-is-the-new-president-of-the-united-states\/\">victory<\/a><\/strong> in the 2024 presidential elections in the USA, and the Federal Reserve&#8217;s <strong><a href=\"https:\/\/cryptodnes.bg\/en\/breaking-federal-reserve-announced-another-rate-cut\/\">decision<\/a> <\/strong>to lower interest rates by 0.25 bps, the crypto market has been on a tear.<\/p>\n<p>Bitcoin just surged to $88,000 &#8211; a remarkable achievement, considering last year&#8217;s lows in the crypto market.<a href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-reaches-historic-88000-outpaces-silvers-market-cap\/screenshot-2024-11-11-233303\/\" rel=\"attachment wp-att-142001\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-142001\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/Screenshot-2024-11-11-233303.png\" alt=\"\" width=\"812\" height=\"466\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/Screenshot-2024-11-11-233303.png 1385w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/Screenshot-2024-11-11-233303-300x172.png 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/Screenshot-2024-11-11-233303-1024x587.png 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/Screenshot-2024-11-11-233303-768x440.png 768w\" sizes=\"auto, (max-width: 812px) 100vw, 812px\" \/><\/a><\/p>\n<p>At the time of writing, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>has officially surpassed silver&#8217;s market cap with its $1.736 trillion, according to the latest data from <strong><a href=\"https:\/\/companiesmarketcap.com\/assets-by-market-cap\/\">CompaniesMarketCap<\/a><\/strong>.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoins-political-influence-set-to-grow-as-republicans-back-pro-crypto-legislation\/\" title=\"Bitcoin\u2019s Political Influence Set to Grow as Republicans Back Pro-Crypto Legislation\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/1621434734_Bitcoin-fell-to-30-thousand-but-has-already-corrected-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin\u2019s Political Influence Set to Grow as Republicans Back Pro-Crypto Legislation<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Years ago Bitcoin predictions in the range of $100,000 and above were considered extremely optimistic and even unrealistic, but after these past few days this mark seems closer than ever.<\/p>\n<p>Bitcoin is up 11% for the day and over 30% in the past 7 days. The cryptocurrency market is currently valuated at $2.94 trillion after an incredible 12% surge in the past 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To say the least, it has been one hell of a week for Bitcoin and the cryptocurrency market as a whole.<\/p>\n","protected":false},"author":3,"featured_media":141999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-141997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Outpaces Silver, Becoming the 8th Largest Asset in the World<\/title>\n<meta name=\"description\" content=\"To say the least, it has been one hell of a week for Bitcoin 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