At $1.7 trn m-cap, Bitcoin beats silver to become 8th largest asset in world

Bitcoin has overtaken silver to become the 8th largest asset in the world, reaching a market capitalization of $1.752 trillion, surpassing silver's $1.726 trillion. The cryptocurrency surged 9% to $88,570 in the last 24 hours, driven by optimism following Donald Trump's election win and expectations of a crypto-friendly U.S. government.