The leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Bitcoin (BTC), with its $648 billion market valuation, is still among the top assets in the world above firms like JPMorgan Chase, Nvidia, Visa, Alibaba, and Taiwan Semiconductor Manufacturing Company (TSMC). Bitcoin’s valuation is four times the size of businesses like Phillip Morris, the Royal Bank of Canada, Anheuser-Busch, and Citigroup.
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