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    Bitcoin reaches $1.805 trillion valuation, becoming seventh most valuable global asset, surpassing silver and Saudi Aramco

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    Bitcoin has hit a new record value of $1.805 trillion, making it the seventh most valuable asset worldwide. After surpassing the value of silver and Saudi Aramco, it now closely follows Google’s parent company, Alphabet, and comes before large companies like Nvidia, Apple, Microsoft, and Amazon. Meanwhile, Ethereum also registered growth, exceeding the market value of Netflix and Johnson & Johnson after it successfully surpassed the Bank of America upon reaching a market price of $3,200. The total crypto market would currently represent the world’s eighth largest economy.

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    Bitcoin’s been holding strong at over $90,000, and in doing so, it’s become worth more than Saudi Aramco, the world’s largest oil producer. It’s even closing in on the big techie dudes. On November 14, Bitcoin marked a record-setting value of $1.805 trillion, snagging it a position as the seventh most valuable asset around, according to some number crunching by CoinMarketCap and CompaniesMarketCap.

    What’s crazy is that just two days prior at $89,500, Bitcoin had managed to top the value of silver and move into the top eight! The surge above $91,000 then allowed Bitcoin to eclipse the worth of Saudi Aramco.

    In even broader terms, the entire crypto market is experiencing massive growth. As of now, if it were a national economy, it’d sit as the eighth largest, right behind the likes of the US, China, Germany, Japan, India, the UK, and France!

    And look at where Bitcoin sits in relation to others – it’s right after Google’s parent company, Alphabet, which has a market value of around $2.2 trillion. And after that? Only gold, Nvidia, Apple, Microsoft, and Amazon, valued at approximately $17.1 trillion, $3.5 trillion, $3.4 trillion, $3.1 trillion, and $2.25 trillion, respectively.

    But Bitcoin’s not the only cryptocurrency making waves. Ethereum, like Bitcoin, is also growing its worth. Notably, Ethereum recently topped the Bank of America when its market price hit $3,200 on November 10. Just a few days later, on November 14, Ethereum became the 29th largest asset worldwide in terms of market value, even surpassing Netflix and Johnson & Johnson!

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