Bitcoin's rally allowed it to enter the TOP 5 of the world's most valuable companies. Its capitalization as of the morning of October 25 amounted to 1.185 trillion. US dollars.
Today, even taking into account the drawdown to 63 thousand dollars, BTC has overtaken the American company for the development of graphics processors Nvidia ($568.2 billion) in total value and pushed it out of the top five.
It also pushed Tesla to last place, the total value of its shares was only 900.6 billion.
The victory of the bulls over the bears for psychological The 70 thousand bar will allow BTC to leave behind the global retailer AMAZON with a capitalization level of 1.65 trillion.
Bitcoin will not have to look at silver and gold this year.
To displace the leader in software development - Microsoft (2.32 trillion) and Apple inc. (2.46 trillion), occupying first place in the ranking of the most expensive brands, the rate of the first cryptocurrency should reach 130 thousand dollars.
If force majeure does not occur and “Apple shares” do not collapse by half, the leaders will hold their positions for a long time.
Subscribe to ForkNews at Telegram to keep up to date with news from the world of cryptocurrencies
You May Also Like
Valkyrie Bitcoin Strategy ETF will trade under the ticker BTFD
Valkyrie changed its fund ticker from BTF to BTFD (buy the f*cking dip). The product is expected to become the second Bitcoin ETF in the US market.
Goldman Sachs: investors are increasing their investments in cryptocurrency. What is driving the growing interest in digital assets?
According to a survey conducted by the American investment bank Goldman Sachs, 60% of its institutional investor clients want to increase their investments in cryptocurrency over the next 2 years. But interest in digital assets is growing not only among “institutions,” but also among private investors. What is the reason for this, and what prospects await the crypto market in the foreseeable future?
