Bitcoin Overtakes 80% of Silver’s

Bitcoin’s momentum towards replacing precious metals as the ideal safe haven inches closer with the asset’s market capitalization surpassing 80% of silver.

Data provided by CompaniesMarkctCap shows that Bitcoin’s market cap was $1,112 trillion by press time, while silver stood at $1,384 trillion, representing 80.43% of the precious metal.

With bitcoin rising and eating into silver’s market cap, investors continue to analyze the assets’ long-term sustainability.

Author: mBRzeVZxHo

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