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Bitcoin hits $25,000 all-time high milestone, surpassing Visa's market cap

From cointelegraph.com

The price of Bitcoin (BTC) surpassed $25,000 on Dec. 25, reaching a new all-time high of $25,020 on Bitstamp and surpassing the market cap of Visa in a historic milestone. Visa, the financial services giant, is valued at $460.06 billion according to Yahoo Finance. As of Dec. 26, Bitcoin is comfortably hovering above $462 billion.Bitcoin is essentially a peer-to-peer software protocol while Visa is a for-profit corporation. Some may argue that a direct comparison between the two is not apt as they are fundamentally different. But Bitcoin surpassing the valuation of Visa is symbolic above all else and the current ... (full story)

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  • Category: Fundamental Analysis