![Bitcoin vaults into global top ten assets, surpassing Berkshire Hathaway and Tesla](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/12/bitcoin-top10-assets.jpg&w=70&h=37&q=75)
Quick Take
Over the past weekend, Bitcoin achieved a significant financial milestone, reaching a new year-to-date high of $41,700.
This surge propelled Bitcoin into the top ten assets by market cap globally, a testament to the digital assets growing influence in the financial sphere. With a market capitalization of $813 billion, Bitcoin managed to surpass Berkshire Hathaway and even Tesla, the first of the so-called “magnificent seven” tech stocks.
![Assets-by-market-cap: (Source: companiesmarketcap)](https://cryptoslate.com/wp-content/uploads/2023/12/thead.png)
In a telling sign of the times, Meta, formerly known as Facebook, is now in ninth place with a market cap of $834 billion. The remaining stocks and commodities that have a higher market cap than Meta are in the trillion-dollar club.
In the precious metals market, Gold marked the start of its trading day with a record peak, nearly touching the $2,150 mark. However, it subsequently pulled back to $2,068. Year-to-date, Gold has appreciated by 12%. In stark contrast, Bitcoin has shown a much more dramatic surge with a year-to-date increase of 150%. This highlights a growing divergence in the performance of traditional and digital assets.
![BTC,Gold YTD: (Source: Trading View)](https://cryptoslate.com/wp-content/uploads/2023/12/btc.png)