Bitcoin Surpasses Saudi Aramco After Hitting New Record High

News Wed, 13/11/2024 - 19:44 Cover image via www.freepik.com Read U.TODAY on Google News Bitcoin has now surpassed oil behemoth Saudi Aramco by market capitalization. Earlier today, the price of the leading cryptocurrency surged to a new record high of $93,477, according to CoinGecko data. As reported by U.Today , Bitcoin surpassed silver earlier this week after recording the biggest daily gain in history. HOT Stories Bitcoin Surpasses Saudi Aramco After Hitting New Record High Novogratz Predicts Bitcoin Might Reach $500K If This Happens Major Week for ADA: Cardano's Chang Hardfork Delivers Two Key Updates Coinbase to List PEPE Meme Coin Today, Top Executive Confirms Nvidia, Apple, and Microsoft are the most valuable individual companies. They are followed by Amazon and Alphabet. For Bitcoin to surpass Alphabet, its price would need to surge to roughly $107,000. The cryptocurrency will be able to flip Alphabet. In order to surpass Apple, the price of the leading cryptocurrency would have to skyrocket to nearly $170,000. Advertisement Related Wed, 11/13/2024 - 13:43 BlackRock's Bitcoin ETF Hits Another Major Milestone Alex Dovbnya Gold remains the most valuable asset by a huge margin with an impressive market cap of $17.4 trillion. Earlier today, Galaxy Digital CEO Mike Novogratz predicted that Bitcoin might end up surpassing gold over the next ten years. Novogratz, who himself is a gold holder, believes that the yellow metal is not appealing for younger generations. Blocksteam CEO Adam Back appears to be convinced that gold will be able to surpass the largest cryptocurrency during the ongoing cycle. This implies that the price of the top cryptocurrency would need to surge to as high as $850,000 if the gold price remains around the same. Meanwhile, Bitcoin ETFs are inching closer to surpassing gold ETFs in terms of total assets. #Bitcoin News #Bitcoin Price Prediction