On October 19, data from 8marketcap revealed that Meta has achieved a remarkable total market capitalization of 1.458 trillion US dollars, positioning it above Bitcoin, which currently stands at 1.349 trillion US dollars. This shift in market value temporarily elevates Meta to the tenth position in the global asset hierarchy, a notable accomplishment for the tech giant. Following closely behind is the Vanguard S&P 500 ETF, maintaining a market value of 1.277 trillion US dollars and occupying the twelfth spot. Such fluctuations highlight the dynamic nature of the market, where major players like Meta are increasingly influencing investor sentiment and asset rankings in the ever-evolving landscape of digital finance.
Source: https://en.coinotag.com/breakingnews/meta-surpasses-bitcoin-in-market-value-a-new-era-in-crypto-and-global-asset-rankings/