2 years ago
BTC’s marketplace headdress has climbed to the 11th spot amongst apical assets by marketplace headdress and present sits down electrical conveyance shaper Tesla.
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Despite a turbulent week for crypto pursuing the downfall of Silicon Valley Bank (SVB) and Signature Bank, Bitcoin (BTC) marketplace headdress has managed to flip that tech elephantine Meta.
At the clip of writing, data from Companies Market Cap shows Bitcoin's marketplace headdress has reached $471.86 billion, surpassing that of Meta’s marketplace headdress of $469 billion.
Companies Market Cap provides real-time monitoring and ranking of market caps for cryptocurrencies, nationalist companies, precious metals, and ETFs.
Bitcoin's marketplace headdress lasting compared to different assets. Source: Companies Market CapOnly 24 hours earlier, BTC’s marketplace headdress was astir $37 cardinal beneath Meta’s marketplace cap, sitting astatine $433.49 cardinal compared to Meta’s marketplace headdress of $469 billion.
However, Bitcoin’s marketplace headdress roseate 9.7% successful the past 24 hours, pushing the cryptocurrency to beryllium successful the 11th spot among apical assets by marketplace cap, conscionable beneath electrical conveyance shaper Tesla.
On Feb. 20, Cointelegraph reported that BTC had flipped the marketplace cap of outgo processing elephantine Visa for the 3rd clip successful history, putting it conscionable up of the payments company.
The spread betwixt the 2 marketplace caps is present much than $20 billion, though it inactive is rather a region from Gold, which sits successful archetypal presumption with a $12.59 trillion marketplace cap, followed by Apple successful 2nd spot with a $2.380 trillion marketplace cap.
BTC’s price has risen 8.72% successful the past 24 hours, presently sitting astatine $24,441 USD.
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