Bitcoin's market capitalization has surpassed Tesla's by $11 billion, reaching $717.23 billion as of press time. The recent rally near $37,000 has increased BTC by over 4%, adding $28 billion to its market cap. This puts Bitcoin 11th among the world's largest assets by market cap.
Bitcoin's value has increased by over 120% year-to-date, reaching an 18-month high near $37,000 before reverting to current levels of $36,568.