Bitcoin's market cap has returned to above $1.2 trillion, overtaking storage giants such as SK Hynix, Samsung, and Micron

According to Odaily, SK Hynix saw a single-day loss of $160 billion in market cap (approximately RMB 1 trillion), causing its total market cap to fall below the $1 trillion mark. Meanwhile, Bitcoin experienced a slight rebound today. Data from 8MarketCap shows that Bitcoin's market cap has now climbed back above $1.2 trillion, with a 24-hour increase of 2.41%. It has risen to 16th place in the global asset market cap ranking, surpassing storage giants such as Samsung, Micron, and SK Hynix.