Amid the bull market, major cryptocurrencies are hitting impressive milestones and rising to new heights. In recent days, the market capitalization of Ethereum and Bitcoin surpasses reached new records, making the asset rise in the global asset rankings.
Following the recent development of Bitcoin, most major cryptocurrencies are seeing significant increases in their prices. The price of Bitcoin Hoje 14/11/2024 is showing a 4% increase trading above the $91K level. Recently, the asset reached a new high after breaking the $93K barrier for the first time and setting a new ATH yesterday at $93.477,11.
Bitcoin and the broader market reacted positively to the release of US inflation data yesterday. The recent price surge has pushed the cryptocurrency market cap to $3,148 trillion.
This scenario has driven Ethereum’s market cap to surpass that of Netflix and Johnson & Johnson in just four days. ETH currently has a market cap of $384,37 billion. In seven days, ETH has gained over 13%.
In the same sense, Bitcoin reached a new milestone in its already impressive growth trajectory. The largest cryptocurrency has surpassed oil giant Saudi Aramco in market capitalization. With this, BTC is now the seventh largest asset in the world with a market capitalization of $1.809 trillion.
At the beginning of the week, Bitcoin's market capitalization surpassed silver, with an impressive US$ 1,736 trillion in value, which positioned BTC as the eighth largest asset in the world, and this milestone was broken today. This milestone puts Bitcoin ahead of giants like Nvidia and behind only heavyweights like Apple and Google.
At the time of publication, the price of Bitcoin was quoted at US$91.178,76, up 3.5% in the last 24 hours.