According to the latest data from 8MarketCap, as reported by PANews on February 1, Bitcoin's global asset market capitalization ranking has fallen again, surpassedAccording to the latest data from 8MarketCap, as reported by PANews on February 1, Bitcoin's global asset market capitalization ranking has fallen again, surpassed
Bitcoin has been overtaken by Tesla and has fallen to 14th place in the global asset market capitalization rankings.
News Brief
According to 8MarketCap data cited by PANews, Bitcoin's global market cap ranking has slipped to 14th position as of February 1. Tesla, Saudi Aramco, and Broadcom have all surged past the cryptocurrency in valuation. Currently hovering around $1.56 trillion, Bitcoin's market cap has declined 6.62% over the past 24 hours. Moreover, the digital asset has experienced a sharper 12.08% drop throughout the week—a downturn that many analysts find concerning.
According to the latest data from 8MarketCap, as reported by PANews on February 1, Bitcoin's global asset market capitalization ranking has fallen again, surpassed by Tesla, Saudi Aramco, and Broadcom, dropping to 14th place in global asset market capitalization rankings. Currently, Bitcoin's market capitalization is approximately $1.564 trillion, a 24-hour drop of 6.62% and a 7-day drop of 12.08%.
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