Bitcoin’s 2023–2024 growth rate has it on track to surpass Microsoft within a year

Bitcoin has had a banner year so far in 2024. It reached a new all-time high price of $73,679 on March 13, and in the time since, it’s hung around the $70,000 threshold — putting it up more than 140% over the same time last year. 

When Bitcoin (BTC) reached its 2024 peak (so far) and new all-time high, it briefly surpassed silver as the eighth most valuable commodity in the world by market capitalization.

Related: Bitcoin price nails new $73.6K all-time high as ETFs eat away at supply

In the current market situation, if one could fast-forward another year under the exact same growth rate, Bitcoin would reach a price of approximately $170,574 by the beginning of April 2025. This would put it ahead of silver today, as well as Amazon, Alphabet (Google), Saudi Aramco, Nvidia and Microsoft to take the second-place spot on CompaniesMarketcap’s list of the top 100 commodities by capitalization.

Source: CompaniesMarketCap

While this number only holds water when imagining a scenario where Bitcoin grows and the rest of the market remains static, today’s market capitalizations can be used as a measuring stick for what Bitcoin’s potential future growth could look like.

Silver

If silver’s market cap remains at its current value of $1.412 trillion, Bitcoin could surpass it again by increasing its current price point from $69,678 (as of the time of this article’s publication) to $71,732. This would give Bitcoin a total market capitalization of approximately $1.413 trillion and sole possession of the eighth-place spot on the list.

Google

The Mountain View search giant currently has a market capitalization of $1.885 trillion, just $12 billion ahead of Amazon.

Bitcoin can surpass them both and claim the sixth-place spot on the list by reaching a price of approximately $95,642 to surpass a market cap of $1.885 trillion. This would put it squarely behind Saudi Aramco, which currently sits in fifth place with a cap of $1.984 trillion.

Microsoft

Fourth and third on the list are occupied by Nvidia and Apple, respectively. Bitcoin will have to reach a total market value of about $2.65 trillion in order to slide into third…

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