Bitcoin Market Cap Overtakes Silver as Crypto Soars, but Precious Metal Still Vies for 8th Place
• Bitcoin's market cap surpasses silver to become 8th largest financial asset, boosted by skyrocketing crypto prices • Silver lags Bitcoin and gold in price gains recently, failing to challenge all-time highs • Strong silver price move this week takes it close to $25/oz threshold; could retake 8th spot if Bitcoin pulls back • For Bitcoin to surpass gold's market cap, price would need to soar to unprecedented $700k+ level • With metals and cryptos climbing ahead of next Fed meeting, alternative assets like Bitcoin and silver are poised for more attention