May 20, 2024

Bitcoin is priced higher than MasterCard and Visa combined

Bitcoin is priced higher than MasterCard and Visa combined

Last week, BTC rose above $60,000, and its capitalization exceeded the valuation of the world's three largest banks togetherTaken.

At the peak of the price of $ 61,700, Bitcoin's capitalization was approximately $ 1.15 trillion. The combined capitalization of JPMorgan, Bank of America and the Industrial and Commercial Bank of China is $ 1.08 trillion.

The joint valuation of MasterCard and Visa is $871 billion.

Since reaching ATH, the price of BTC has rolled back to $ 55,000, but the capitalization of bitcoin still exceeds $ 1 trillion.

In the event that bitcoin surpasses the physical gold market in terms of capitalization, one BTC will cost at least $ 590,000.

Bitcoin is priced higher than MasterCard and Visa combined

Subscribe to ForkNews on Telegram to keep abreast of news from the world of cryptocurrencies

Based on materialscointelegraph.com