View full page at cryptocraft.com

 

Bitcoin beats world's top 5 banks by $350 billion

From thestreet.com

Bitcoin's market capitalization has reached roughly $2.4 trillion, a value that exceeds the total market capitalization of the largest five banks in the world. As of October 3, Bitcoin is trading above $120,700 and remains the largest digital asset by market capitalization, with a volume of $71.1 billion. Over the past five years, Bitcoin has seen a price appreciation of more than 1,000%. By comparison, the largest banks in the world have generated far lesser returns. JPMorgan Chase (JPM), the most valuable bank today, has a market capitalization of $845.7 billion and a five-year gain of 214%, as per Yahoo Finance. ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis