Bitcoin is about to “dethrone” Google based on market capitalization

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Bitcoin hit a price of $90,715, bringing its market capitalization to $1.81 trillion, surpassing Saudi Aramco for the first time and becoming the seventh-largest asset globally, according to CoinMarketCap and CompaniesMarketCap .

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On November 12, Bitcoin surpassed silver at $89,500, and by November 14, when the price rose above $91,000, its market capitalization surpassed Saudi Aramco.

Cryptocurrency Market Comparable to Top Global Economies
According to the International Monetary Fund , the total cryptocurrency market capitalization reached $3.02 trillion, ranking eighth globally. Bitcoin is behind Alphabet with a capitalization of nearly $2.2 trillion in sixth place.

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The top five assets are gold, Nvidia, Apple, Microsoft and Amazon, with market capitalizations of around $17.1 trillion, $3.5 trillion, $3.4 trillion, $3.1 trillion and $2.25 trillion, respectively.

Ethereum follows in Bitcoin's footsteps
To surpass the tech giants, Bitcoin's market capitalization would need to nearly double, while gold's capitalization is still about five times that of BTC.

Ethereum is also growing, recently surpassing Bank of America with a market price of $3,200 on November 10.

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As of November 14, Ethereum is the 29th largest asset in the world by market capitalization. In the past four days, it has also surpassed the market capitalizations of Netflix and Johnson & Johnson.

Read more: Tesla's Bitcoin Stash Now Worth Over $1 Billion Amid Strong Price Surge