Bitcoin slips to 15th in global asset market-cap rankings…trailing Broadcom and Tesla
Minseung Kang
Summary
- It reported that amid a recent correction, Bitcoin’s market cap fell, pushing it down one notch in the global asset rankings.
- It said that based on 8MarketCap data, Bitcoin’s global asset market-cap ranking slipped to 15th, below Broadcom and Tesla.
- It reported that Bitcoin’s market cap currently stands at $1.305 trillion and its price is down 4.11% over the past 24 hours.
Bitcoin’s (BTC) market capitalization has declined amid a recent correction, pushing it down one notch in the global asset rankings.
According to BlockBeats, a media outlet specializing in virtual assets (cryptocurrencies), Bitcoin’s global asset market-cap ranking fell to 15th based on data compiled by 8MarketCap as of the 23rd. This places it below Broadcom and Tesla.
Bitcoin’s market cap is currently estimated at $1.305 trillion. Its price is down 4.11% over the past 24 hours.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
