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Bitcoin Surpasses Silver, Claiming 8th Largest Global Asset Title With $1.76T Valuation

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The unstoppable price run of Bitcoin, which started a day after the US presidential elections, is creating a ripple effect in the economy. There’s been a massive jump in value recently, with Bitcoin topping $89k earlier today, showing a 27% increase from the previous week. Then, there are record inflows into Bitcoin ETFs, pushing funds to break some records. This price action also reshaped the list of the world’s biggest assets through market capitalization.

Based on the updated list of top assets, Bitcoin is now ranked 8th on the list of the “Top 10 Largest Assets by Market Cap”, with a total market value of $1.756 trillion, slightly ahead of silver, valued at $1.736 trillion. This is the second time the digital asset has edged out silver in the rankings, driven by a bullish sentiment on Bitcoin ETFs and blockchain in general.

Bitcoin breaking into the top world assets is a testament to the growing public acceptance of the crypto asset and its role as an alternative to traditional assets like gold.

Bitcoin’s Market Value Grows As Price Tops $89k

Bitcoin continues its surprising rally this week, testing another all-time high at $89k. On Tuesday, Nov. 12th, the digital asset surged beyond $89,0000, reflecting an 11.3% increase, while silver dipped by 2%, allowing Bitcoin to notch the 8th spot in the list.

With this latest price action, Bitcoin now trails Saudi Aramco, which is ranked 7th. Amazon, Google, Microsoft, Apple, Nvidia, and gold round out the Top 10. Gold remains the world’s top asset, with a market cap valued at $17.667 trillion, dwarfing Nvidia and Apple by around $3 trillion each.

BTC registers a new ATH. Source: Bitstamp

A Milestone Worth Celebrating

According to The Kobessi Letter, Bitcoin’s current market value and recent price action reflect the digital asset’s potential. The commentary further reacted that gold’s value, which is 10x bigger than BTC, is incredible. However, it also sees the potential of the top digital asset to grow even bigger.

BTCUSD trading at $87,604 on the daily chart: TradingView.com

Bitcoin has consistently increased in price recently, partly driven by Trump’s convincing election victory. Trump has a friendly approach to the crypto community. With the Republicans capturing both houses in the last voting, it will be easier for the incoming president to pursue his crypto-friendly policies.

Big Volumes And Bullish Sentiment From Institutional Investors

Aside from the “Trump Effect,” Bitcoin is also rallying thanks to bullish sentiment from institutional investors. Many financial institutions are integrating BTC and cryptos into their portfolios, boosting the digital assets’ prices. For example, Bloomberg senior analyst Eric Balchunas noted a solid increase in volume for Bitcoin ETFs trading, with iShares Bitcoin Trust (IBIT) enjoying a $4.5 billion trading volume yesterday.

MicroStrategy is another company that’s benefitting from the Bitcoin rush. Michael Saylor’s MicroStrategy holds the biggest Bitcoin-based portfolio, with its shares currently trading at $340. On Monday, the company announced that it had purchased 27,200 BTC, boosting its total to 279,420.

Featured image from Siam Bitcoin, chart from TradingView





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Bitcoin Price Could Surge To $95,000 — But Analyst Sounds ‘Bull Trap’ Alarm

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The Bitcoin price seemed to be breaking out of its consolidation range early on in the week, rising to as high as $88,500 on Monday, March 24. However, the flagship cryptocurrency appears to be back to ground zero, retracing to around $84,000 on Friday, March 28.

This recent price correction came following the release of inflation data in the United States. With the latest inflation data suggesting delayed rate cuts by the US Federal Reserve, risk assets — including cryptocurrencies — experienced significant downward pressure to close the week.

Here’s How BTC Price Could Fall To $62,000

The story gets a little grim for the world’s largest cryptocurrency after popular crypto analyst Crypto Capo put forward a bearish projection for the Bitcoin price in their latest post on the X platform. According to the crypto trader, the price of BTC could be on its way to a new low in this cycle.

Crypto Capo highlighted in their analysis of the BTC 12-hour chart that the $84,000 – $85,000 is pivotal for the premier cryptocurrency’s future trajectory. The online pundit noted that the Bitcoin price action could go one of two ways over the next few weeks.

In the first scenario, Crypto Capo expects the price of Bitcoin to enjoy a short-lived bullish burst to within the $95,000 – $100,000 range. This initial price run-up would be a bull trap for investors, according to the analyst. For context, a bull trap is a pattern that lures long traders (bulls) into the market by an initial upward surge followed by a quick reversal.

Fittingly, Crypto Capo predicts that Bitcoin will experience a capitulation event that will see its value plummet to the next main support. As seen in the chart below, this next major support lies within the $62,000 – $69,000 bracket, containing the April and November all-time high prices.

Bitcoin price

Source: @CryptoCapo_ on X

In the alternate scenario, Crypto Capo highlighted how the first bull trap idea could be invalidated. According to the trader, if the Bitcoin price successfully closes beneath the $84,000 – $85,000 range, it could fall to the $62,000 – $69,000 bracket.

Bitcoin Price At A Glance

As of this writing, the price of Bitcoin is moving around the $83,300 level, reflecting a 3% decline in the past 24 hours. This single correction event has wiped out the premier coin’s early-week profit, with CoinGecko data showing no significant gain or loss in the last seven days.

Bitcoin price

The price of BTC slides beneath $84,000 on the daily timeframe | Source: BTCUSDT chart on TradingView

Featured image created by DALL-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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El Salvador’s Nayib Bukele Open to White House Visit

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El Salvador’s President Nayib Bukele has hinted at an upcoming visit to US President Donald Trump at the White House. The move has fueled speculation about closer cooperation between the two pro-Bitcoin leaders.

Although no official agenda has been released, if confirmed, the meeting would mark Bukele as the first Western Hemisphere leader to visit Trump at the White House during his current term.

Can Bitcoin Improve Diplomatic Relationship Between US and El Salvador?

On March 28, Bukele reacted to a report claiming that Trump plans to invite him to Washington.

Responding on social media, Bukele confirmed his willingness to visit and jokingly noted that he would bring “several cans of Diet Coke” — a nod to Trump’s well-known beverage of choice.

The two leaders have enjoyed a friendly relationship since Trump’s return to office. They reportedly spoke after the inauguration, and Trump later thanked Bukele publicly, commending his “understanding of this horrible situation” regarding US border issues.

Meanwhile, the possible visit follows El Salvador’s acceptance of deported Venezuelan gang members from the US.

These individuals were held at the country’s high-security Terrorism Confinement Center. The facility was recently visited by US Homeland Secretary Kristi Noem.

President Bukele’s administration has earned international praise — and criticism — for its tough stance on crime. His crackdown on gangs has transformed El Salvador from one of the most violent nations in the world to one of the safest in Latin America.

Meanwhile, speculation is growing within the crypto community that Bitcoin may emerge as a significant topic during the leaders’ discussions. Both Bukele and Trump have openly supported Bitcoin, though their approaches differ slightly.

Bukele’s stance on Bitcoin is notably proactive. In 2021, he spearheaded the creation of the world’s first national Bitcoin reserve, which has since grown to 6,130.18 BTC—worth over $512 million.

El Salvador's Bitcoin Holdings.
El Salvador’s Bitcoin Holdings. Source: The Bitcoin Office

Moreover, his pro-Bitcoin initiatives have attracted substantial foreign investments, including partnerships with prominent crypto companies like Tether.

President Trump also recently became more supportive of the top crypto asset, reversing previous skepticism.

Earlier this month, Trump authorized the establishment of a US National Bitcoin Reserve, with the federal government holding initial holdings of around 200,000 BTC.

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Is Bitcoin About To Skyrocket Or Crash? What Truflation Says

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In the March 27, 2025 analysis, titled “Where is Bitcoin headed next? A Signal hidden in Real-Time Data,” Truflation highlights a recurring phenomenon: each time its inflation index experiences a pronounced downtrend that later pauses or reverses, Bitcoin has tended to surge soon afterward.

Where Is Bitcoin Headed Next?

Truflation’s research points to a backdrop shaped by the aftermath of COVID-19, when central banks worldwide slashed interest rates to almost zero and funneled liquidity into the economy. That period of easy money overlapped with Bitcoin’s run to all-time highs in 2021. By 2022 and 2023, however, persistent inflation took hold, prompting the US Federal Reserve to reverse course. Interest rate hikes and quantitative tightening became the primary tools for fighting price pressures, with the Federal Reserve explicitly aiming to bring consumer price inflation down to 2%.

According to the Truflation report, real-time inflation readings reached as low as 2% in June 2023. The official Consumer Price Index (CPI), published by the Bureau of Labor Statistics, mirrored that pattern about a month and a half later, bottoming out at 3% in July 2023. Yet from mid-2023 onward, Truflation’s index did not simply keep dropping in a straight line. Instead, it oscillated between higher and lower bounds, demonstrating a cyclical pattern of disinflation that would then stabilize or reverse course. Truflation now believes that each of these cyclical “inflection points” closely correlates with subsequent upswings in Bitcoin’s price.

The report references four distinct periods from September 2023 to September 2024 when Truflation’s index trended downward and then either flattened or rebounded. In each of those cases, Bitcoin’s price rose soon after. Truflation suggests that a fifth such event may now be unfolding: the inflation index dropped steeply in early 2025, hitting around 1.30%—a level not seen in several months—before rebounding to 1.80%. This situation is reminiscent of previous disinflation troughs that, based on Truflation’s data, presaged a new wave of Bitcoin buying.

“When Truflation’s disinflation trend pauses or reverses, Bitcoin tends to rally shortly after. This pattern has repeated a few times already — and if history rhymes, it may be unfolding once again soon,’” the analysis states.

The underlying reason, Truflation explains, revolves around Bitcoin’s forward-looking nature and its sensitivity to changes in liquidity conditions. Strong disinflation usually prompts speculation that the Federal Reserve may be done raising rates and could soon turn dovish. While steep and unrelenting disinflation can trigger fears of recession, a slowdown or pause in that disinflation trend often reassures markets that the economy is not sliding into an economic downturn.

This “soft landing” scenario emboldens risk-on sentiment. Traders and investors who believe that inflation has been subdued enough to delay additional tightening—or to accelerate rate cuts—frequently channel their optimism into assets like Bitcoin.

The report acknowledges that no single piece of data, including Truflation’s own, holds absolute sway over an asset as complex and widely traded as Bitcoin. However, it emphasizes that real-time inflation expectations reverberate throughout global markets, influencing equities, commodities, and foreign exchange trading, in addition to crypto. By anticipating shifts in those expectations, some investors may find themselves ahead of the curve when official CPI reports and central bank pronouncements finally confirm or contradict the evolving trend.

“Truflation doesn’t influence Bitcoin in a vacuum. No single data source ever does. But inflation expectations ripple across a wide range of markets — from equities to commodities — and especially into bond yields and forex markets,” the analysis concludes.

At press time, BTC traded at $84,461.

Bitcoin price
BTC drops below $85,000, 1-day chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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