Bitcoin Tops Saudi Aramco in Market Value as Price Hits $102K  

• Having surpassed Saudi Aramco in market capitalization, Bitcoin is now the seventh biggest asset class in the world. 
• Samson Mow goes through earlier complaints on the ability of Bitcoin to rise to $100,000 and beyond. 
• In a single week it has gone up by more than 12% currently trading at $102,221. 

Since reaching its all-time high, Bitcoin users have drawn satisfaction from the news that the world’s largest cryptocurrency has now reached the market capitalization of Saudi Aramco. Currently valued at $102,221 as of Friday’s price, the digital currency, Bitcoin has been on a weekly rise of more than 12%. This growth is ranked as the seventh largest asset in the world, behind companies such as Apple, Microsoft, and Amazon. 

Samson Mow’s Tweet Brings Critics to Attention 

With Bitcoin being a topic of discussion, Samson Mow, JAN3 CEO, and a Bitcoin enthusiast decided to address criticism related to the viability of Bitcoin application. Last week, Mow quoted criticisms from an unnamed analyst who once stated that there is no way Bitcoin will go from $10,000 to $100,000. The tweet expressed doubts that reaching such a high can make Bitcoin larger than Saudi Aramco by market cap — which the analyst said cannot happen. 

Screenshot Confirms BTC’s Market Position 

Mow shared a screenshot illustrating Bitcoin’s current market position above Saudi Aramco to reinforce his point. This visual evidence underscores Bitcoin’s rapid growth in value and adoption over the years. 

Mow also shared another historical prediction dating back to when Bitcoin was priced at just $100. At the time, a different analyst argued that Bitcoin’s value could only rise to $200, labeling higher price targets unrealistic. These comments have aged poorly as Bitcoin continues to shatter expectations, proving early critics wrong. 

Market Momentum Accelerates 

Currently, the price of Bitcoin has been pushed higher due to a rising market sentiment that has resulted from higher demand and utilization along with speculation of the digital commodity as a store of value and hedge against dangers. 21075 Its value even increased from $90,680 to $102,221 in the space of one week thus establishing Bitcoin as the best-performing cryptocurrency. 

Together with this BTC keeps rising and keeps on invading conventional assets and creating new financial landscapes. This latest achievement demonstrates its staying power and potential for further growth.