{"id":7767,"date":"2023-12-06T13:46:27","date_gmt":"2023-12-06T13:46:27","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=7767"},"modified":"2023-12-06T13:46:49","modified_gmt":"2023-12-06T13:46:49","slug":"bitcoin-surge-leaves-many-companies-in-the-dust","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-surge-leaves-many-companies-in-the-dust\/","title":{"rendered":"Bitcoin Surge Leaves Many Companies in the Dust!"},"content":{"rendered":"<p>The price of Bitcoin has seen an impressive rise, surpassing $44,000 and peaking at $44,488 per unit In recent days. Bitcoin, the leading cryptocurrency by market capitalization, has experienced a surge in value of more than 24% in the last month and more than 18% in the last two weeks alone.<\/p>\n<blockquote><p>You might like: <a href=\"https:\/\/coinengineer.net\/blog\/societe-generale-launches-stablecoin-initiative\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong><em>Societe Generale Launches Stablecoin Initiative<\/em><\/strong><\/span><\/a><\/p><\/blockquote>\n<p>This week, Bitcoin has seen a remarkable rise of more than 15% against the US dollar. As of Tuesday, December 5, BTC&#8217;s trading volume stood at $31.68 billion, more than double the previous day.<\/p>\n<p>Bitcoin has not reached these levels of value since April 6, 2022, before the Terra market crash. Despite a $31 billion trading volume, BTC&#8217;s dominant trading pairs were USDT, FDUSD, USD, USDC and KRW. Prominent exchanges for global BTC trading volume include major platforms such as Binance, Kraken, Coinbase and Bitfinex.<\/p>\n<p>Bitcoin&#8217;s surge this week has resulted in it outperforming major companies such as Meta, Tesla and Berkshire Hathaway. The recent price increase makes BTC the ninth-largest asset by market capitalization. This ranking includes a variety of assets, including companies, precious metals and exchange-traded funds. The top-ranked asset is NVIDIA with a market capitalization of $1.45 trillion.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"elBhQwqkeV\"><p><a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-reaches-40-000-again\/\">Bitcoin Reaches $40,000 Again!<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Bitcoin Reaches $40,000 Again!&#8221; &#8212; Coin Engineer\" src=\"https:\/\/coinengineer.net\/blog\/bitcoin-reaches-40-000-again\/embed\/#?secret=6AAoP2I0FL#?secret=elBhQwqkeV\" data-secret=\"elBhQwqkeV\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<hr \/>\n<p data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong>,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube,<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of Bitcoin has seen an impressive rise, surpassing $44,000 and peaking at $44,488 per unit In recent days. Bitcoin, the leading cryptocurrency by market capitalization, has experienced a surge in value of more than 24% in the last month and more than 18% in the last two weeks alone. You might like: Societe<\/p>\n","protected":false},"author":1,"featured_media":7768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[2817,22,151,1910,1564,2416,2816,2062,119],"class_list":["post-7767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-berkshire-hathaway","tag-binance","tag-coinbase","tag-fdusd","tag-kraken","tag-meta","tag-tesla","tag-usd","tag-usdt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Surge Leaves Many Companies in the Dust! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The price of Bitcoin has seen an impressive rise, surpassing $44,000 and peaking at $44,488 per unit In recent days.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-surge-leaves-many-companies-in-the-dust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Surge Leaves Many Companies in the Dust! 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