According to Odaily, recent data from Companies Marketcap reveals that the market value of silver has once again surpassed Bitcoin, making it the eighth largest asset globally. Since Bitcoin reached its historical high of $73,737 on March 14, silver has seen a 33.4% increase, while Bitcoin has experienced a 9.5% decline.
The current market value of silver stands at $1.828 trillion, approximately $500 billion more than Bitcoin, which has a market value of $1.322 trillion, making it the ninth largest asset globally. This implies that Bitcoin would need to rise by 40%, reaching $93,000, to surpass the current market value of silver, assuming other factors remain constant.
In addition, data from Trading Economics shows that gold has also performed well, increasing by 22.4% since February 13. Its current market value is $16.392 trillion.