Bitcoin

Bitcoin shows strength – has a higher market value than Coca-Cola and Intel

Bitcoin, the world’s largest cryptocurrency, currently has a total market value that is higher than that for both Coca-Cola and Intel.

Bitcoin has been doing well lately. Although the cryptocurrency fell sharply on Sunday, it is still trading at just over $ 11,200.

This means that bitcoin’s total market value is currently just above the slightly inconceivable figure of 208 billion dollars, figures from Coinmarketcap show .

This is how bitcoin stands up to the giants

To put that figure in perspective, the crypto site Cointelegraph has compared this figure with the total market value of a couple of the world’s largest companies.

The comparison shows that bitcoin’s total market value currently exceeds that of both Coca-Cola and Intel , both of which have a total market value of $ 203 billion.

Far to Apple

To another of the world’s most valuable companies, Apple, however, bitcoin still has a long way to go. The hardware giant currently has a total market value of 1.8 trillion (or if you prefer: $ 1.8 trillion), figures from Macrotrends show .

For bitcoin’s total market value to reach even one trillion dollars, a price of about 50,000 dollars is required – something that, according to some experts, is certainly not impossible at all .

About author

Experienced Founder with a demonstrated history of working in the newspapers industry. Skilled in Data Research, Management, Investment Research, Teamwork, and Leadership. Influencing the technology, people, and technical analysis of the Cryptocurrency and Blockchain world.
Related posts
Bitcoin

After Previous Negative Statements, Norwegian Billionaire Invests In Bitcoin

BitcoinCryptocurrencyEthereum

Bitcoin Recovers $56,000: ETH Recovers $1,700 (Observed Over The Weekend)

Bitcoin

Bitcoin Sets Fresh Record Above $50,000

BitcoinMining

BTC miners earned more than $ 4 million per hour amid growing fees and BTC rate

Sign up for our newsletter and stay informed

0 0 votes
Page Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x