Based on the most recent statistics from companiesmarketcap, Bitcoin has experienced a significant surge in its market value, exceeding $1.389 trillion as its price climbs over $71,000. This monumental achievement has propelled Bitcoin to become the eighth largest asset globally, surpassing silver which currently holds a market value of $1.381 trillion. As the digital currency continues to gain momentum, it is reshaping the landscape of global financial markets and solidifying its position as a formidable player in the investment world.