بٹ کوائن کا مارکیٹ کیپ $1.1 ٹریلین ہے جو Visa اور Mastercard کے ملاپ سے بڑا ہے۔

The leading cryptocurrency bitcoin’s market capitalization is now worth more than two of the largest financial service companies – Visa and MasterCard – combined. Moreover, BTC’s market cap is also higher than several of the largest US-based banks, including JPMorgan, Bank of America, and Citigroup. The world’s largest cryptocurrency has been on a mind-blowing bull run since early October when it dabbled with $10,000. 

Bitcoin continues to witness massive growth. 

Bitcoin’s price has skyrocketed more than six-fold within a few months. Naturally, it also impacted the cryptocurrency’s market capitalization, which is well above $1 trillion. Bitcoin’s market cap has surpassed those of notable names such as Netflix, Walmart, Samsung, Alibaba, Berkshire Hathaway, Tesla, Facebook, and more. According to AssetDash اعداد و شمار, financial service firm Visa is currently the 13th largest asset by market cap with $490 billion, while MasterCard takes the 18th position with $374 billion. Put together, the market capitalizations of both financial giants are worth $864 billion.

Bitcoin market dominance is at its lowest since April 2019.

Bitcoin soared above $60,000 last weekend after a significant rise in demand. The cryptocurrency is currently trading near $60,200 with a market cap of more than $1.1 trillion. According to سکے مارک, the market dominance of Bitcoin has plunged since the start of this year. BTC’s current market dominance stands at around 54%, down from 70% in January 2021. The market dominance of BTC has reached its lowest level since April 2019. The latest surge in XRP and Binance Coin has played a significant role in Bitcoin’s market dominance decline. Ripple’s XRP, the world’s 4th largest cryptocurrency, has jumped nearly 90% in the last seven days.