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Retrieved on: 2025-07-30 15:27:28
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Summary
MoneySense explores bitcoin's remarkable rise to become the world's seventh-largest asset by market capitalization and examines what might come next for cryptocurrency prices.
Bitcoin has achieved a major milestone by reaching seventh place among global assets by market cap, driven primarily by the passage of the U.S. GENIUS Act which provides regulatory clarity for stablecoins. The cryptocurrency has significantly outperformed traditional markets, with bitcoin showing 26.66% gains year-to-date compared to 8.88% for the S&P 500 and 10.07% for the TSX Composite. Looking at longer timeframes, bitcoin's five-year gains of 902.32% dwarf traditional investments like gold at 64.70%.
Article found on: www.moneysense.ca
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