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 .

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