Nov 18, · Bitcoin’s market cap surpasses Nvidia at over $B November 18, admin Amid a meteoric bull run in the cryptocurrency market, Bitcoin (BTC) is overtaking another major American company in terms of market capitalization. Nov 24, · On Nov. 24, Bitcoin surpassed the $19, price mark for the first time since December , breaking another all-time record in its market cap. At publishing time, Bitcoin’s market cap is . Nov 09, · Bitcoin’s latest market rally has helped it surpass the market cap of some of the top companies. Another 50% of the current levels can put it above Visa, Mastercard, and JPMorgan.
Bitcoin market cap surpassesBitcoin’s market cap surpasses Nvidia at over $B – bitmoneylab.de
As the benchmark cryptocurrency, Bitcoin has gotten to a place where institutional investors and banks are legitimately looking at investing in the sector as a defense against currency devaluation.
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This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. Global investors must adhere to regulations of each country. Thus, with the recent Bitcoin halving in mid-May , the BTC price is likely to surge through Moreover, unlike previous times, even big corporations have started accumulating Bitcoin in huge numbers.
Bitcoin is also becoming more favorable over its hedge-competitor aka Gold. While banking institutions have despised Bitcoin over the last decade, they can afford to do it any further. JPMorgan, one of the biggest Bitcoin critic has also started giving favorable targets for Bitcoin in near future.
Bill Miller, the founder of Miller Value Partners, also acknowledged that Bitcoin is a very volatile asset. Sharing an interesting fact, Miller noted that Bitcoin remains the best performing assets one-year, five-year, and ten-year basis as on date.
Miller added:. Miller is not alone in making bold predictions for Bitcoin. A number of big organizations have made an entry in Bitcoin over the last few months. Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets.
He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.