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<\/a><\/div>\nBitcoin (BTC<\/a>) heads into the Christmas period with the 26th largest<\/a> market cap at $324.68 billion, just below Mastercard with $328.35 billion.<\/p>\n Ethereum (ETH<\/a>), on the other hand, ranks 77th on the list with a $147.60 billion market cap, while Tesla loses its place amongst the top 10 and places 13th with $395.82 billion.<\/p>\n Gold, Apple, and Saudi Aramco are the top three assets, with the largest market cap of $11.939 trillion, $2.103 trillion, and $1.819 trillion, respectively.<\/p>\n Microsoft, Silver, Google, and Amazon follow as the fourth, fifth, sixth, and seventh with $1.775 trillion, $1.333 trillion, $1.137 trillion, and $854.80 billion market caps, respectively.<\/p>\n Meta Platforms and Samsung, on the other hand, are ranked after BTC as 30th and 31st with $311.31 billion and a $304,89 billion market cap, accordingly.<\/p>\n On Oct. 24, CryptoSlate<\/em> analysts revealed<\/a> that BTC and Gold had achieved an 85% correlation since over the past year. This finding indicated that these two assets increased and decreased at the same times and the same rates with 85% accuracy.<\/p>\n On Nov. 4, the market data also showed<\/a> that BTC\u00a0 responded to the Fed\u2019s 0.75% interest rate hike even better than Gold or NASDAQ. Reacting to the increase, Gold fell by 0.68%, while NASDAQ sunk by 4.97%. BTC, on the other hand, increased by 0.55% during the same period, which suggests that BTC is a lot \u201csafer as an asset than NASDAQ or Gold.<\/p>\n The correlation between BTC and Gold was also noticed by the prominent names of crypto as well. Author of Bitcoin: The Future of Money?<\/em> Dominic Frisby suggested<\/a> purchasing BTC and Gold together to combat inflation, while ETH founder Buterin relies<\/a> only on BTC.<\/p>\n<\/article>\n<\/div>\nRanking by market cap<\/h2>\n
Gold and BTC<\/h2>\n