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Bitcoin has knocked out Tesla again, but this time it's not worth celebrating.
Market cap $1.617 trillion vs. $1.608 trillion, a narrow victory.
Last month, Tesla just overtook Bitcoin, and today Bitcoin has reclaimed the 12th spot.
But last July, BTC was the 5th largest in the world, surpassing Amazon and Google, with a market cap of $2.36 trillion.
Now it's not even in the top 10, still lying in the pit, to be honest.
This "surpass" this time is just two highly volatile assets rubbing against each other, not BTC getting stronger.
The real question is: When can it return to the 5th spot?
$BTC