TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Economie

New market cap record: Bitcoin (BTC) is now more valuable than Visa

by souhaib
December 28, 2020
in Economie
0
New market cap record: Bitcoin (BTC) is now more valuable than Visa
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

You might also like

‘momentum is continuing into 2022’

Astra Space stock closed down 20% on Monday: here’s why

Ripple, Dogecoin, Litecoin price forecast for February 2022


While 2020 will certainly not go down in history as one of the best years of the early 21st century, it is still a dream year for the crypto community. A lot happened in this single year, but the most important part is how it affected the industry, and the answer is — extremely well. Bitcoin itself is currently having a bull run that everyone has been waiting for three years, and as its price went past $28k yesterday, its market cap exceeded $500 billion.

Bitcoin market cap goes past $500 billion

Bitcoin (BTC) has always been the biggest and most valuable cryptocurrency, but its value is entering major new a whole other level. The world’s largest crypto is now officially bigger than the biggest payment service firm, Visa, and even by Walmart — the world’s biggest retailer.


Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

As some may know, Visa has a total market cap of around $488 billion at the time of writing. with Bitcoin’s own market cap sitting at $500.32 billion, the coin is officially more valuable than the global card provider. The same goes for Walmart, which has a market cap of “0nly” $400 billion.

Bitcoin’s market cap already went past that of Mastercard earlier this month, and even Samsung. Now, many are watching as the world’s largest coin approached Berkshire Hathaway, Warren Buffett’s own firm, which has a m.cap of $530 billion.

Crypto prices spiking up

As mentioned, Bitcoin (BTC) has seen a massive spike up in the last few weeks. The coin made it to new heights several times, first breaching $20k, then $24k, and now even $28k. This performance is quite impressive, given that its price was only $17,000 in the last week of November. Meanwhile, its market cap was $200 billion smaller back then, sitting at around $310b.

Other projects saw significant price action as well, such as Ethereum (ETH) and Litecoin (LTC), which also saw considerable price growth. Unfortunately, the same cannot be said for XRP, whose price started spiraling down after the recent SEC lawsuit against Ripple.



Source link

Share this:

  • Twitter
  • Facebook
  • More
  • Pinterest
  • Telegram
  • Email
Share30Tweet19
Previous Post

Nashville Christmas bomber claimed he had cancer before the attack

Next Post

Iraq: It is still early to talk about the electrical connection with Turkey

souhaib

Recommended For You

‘momentum is continuing into 2022’

by souhaib
February 7, 2022
0
‘momentum is continuing into 2022’

Shares of Chegg Inc (NYSE: CHGG) are up 10% in extended trading on Monday after the student services company said it performed better-than-expected in Q4, despite COVID-19 uncertainty....

Read more

Astra Space stock closed down 20% on Monday: here’s why

by souhaib
February 7, 2022
0
Astra Space stock closed down 20% on Monday: here’s why

Read more

Ripple, Dogecoin, Litecoin price forecast for February 2022

by souhaib
February 7, 2022
0
Ripple, Dogecoin, Litecoin price forecast for February 2022

The cryptocurrency market is advancing this Monday, and this situation also supports the price of Ripple XRP/USD, Dogecoin DOGE/USD, and Litecoin LTC/USD. Bitcoin is trading above the $44,000...

Read more

Analyst: ‘Apple would be forced into it if Amazon goes after Peloton’

by souhaib
February 7, 2022
0
Analyst: ‘Apple would be forced into it if Amazon goes after Peloton’

Read more

Should I buy Uber shares in February 2022?

by souhaib
February 7, 2022
0
Should I buy Uber shares in February 2022?

Uber Technologies, Inc. (NYSE: UBER) will announce fourth-quarter earnings results this Wednesday, February 09, after the market closes. Uber shares have weakened more than 10% since the beginning...

Read more
Next Post
Iraq: It is still early to talk about the electrical connection with Turkey

Iraq: It is still early to talk about the electrical connection with Turkey

No Result
View All Result

Recent Posts

  • The euro depreciates after inflation expectations in the US
  • FGR seeks to impute the crime of illegal exploitation of the subsoil to the owner of the El Pinabete mine
  • Johnson & Johnson Inventory Reduced After Ending Baby Powder Income
  • (2) Diabetes Master Key™ Reviews 2022
  • The Sao Paulo Stock Exchange falls 0.47% and ends seven consecutive increases

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide