Bitcoin overtakes Amazon as the fifth largest asset and hits $ 2.16T market hood

Bitcoin

Became the world’s fifth largest asset after hit a new high altitude on Wednesday pushing its market capital to $ 2.16 trillion.

Although Krypto’s price consolidated lower after hit a high of $ 109,400, its market capital passed Amazon (Amzn), which is $ 2.15 trillion.

Bitcoin has increased by 16.44% years to date, while shares in the online retailer are down to about 8% during the same period. It is currently shopping for $ 108,954.

(Companiesmarketcap)

Gold is by far the largest asset standing on a $ 22 Billion Billion Market Capital, followed by Microsoft (MSFT), NVIDIA (NVDA) and Apple (AAPL), which is $ 3.1 trillion for $ 3.4 trillion.

As a result of the increase in Bitcoin’s award since US President Donald Trump’s victory, Blackrock’s Ishares Bitcoin Trust (Ibit) recently became the fifth largest stock -traded fund (ETF) of influx this year when it took approx. $ 9 billion from investors, according to Bloomberg Senior Etf analysis Eric Balchunas.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top