• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Bitcoin Leaves Visa's Market Cap in the Dust
Nexo

Bitcoin Leaves Visa’s Market Cap in the Dust

Jinia Shawdagor by Jinia Shawdagor
4 years ago
in News, Bitcoin, Bitcoin Price, Breaking News, Markets and Prices, News teaser
0

The value of Bitcoin has been making headlines lately, with prices increasing tremendously over the past few weeks. First, the price of the cryptocurrency smashed the $10,000 level, hitting a record-high of $15,000 a few days later. As of now, the price stands at more than $18,000, with the upward trend expected to continue in the coming days.


With more and more people trying to get a piece of the Bitcoin pie, the digital currency’s market cap has swelled to a new all-time high, surpassing that of Visa. As of this writing, Visa’s market cap of $252.74 billion has been eclipsed by Bitcoin, whose market cap now sits at $305 billion. That is a 73% increase since this same time just a week ago. Not bad for something that experts are quick to deride as a ‘bubble’ and a ‘fraud’, eh?

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Pension Partners’ Director of Research Charlie Bilello made the announcement on Twitter today:

Bitcoin's market cap just passed Visa's.

Yes, that Visa:
Largest electronic payment processor in the world
$8.9 trillion in 141 billion transactions per year
Across 160 currencies and over 200 countries$BTC.X $V pic.twitter.com/BlRvSZwzDE

— Charlie Bilello (@charliebilello) December 7, 2017

 

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Bitcoin may have left Visa market cap in the dust, but when it comes to the number of transactions, Visa comes out on top over 150 million transactions per day compared to Bitcoin’s less than 500,000 transactions per day.

Bitcoin Grows Bigger and Stronger

Over the past few days, it has been hard to keep track of the changing price of Bitcoin. It seems like every time you turn around, it crashes through another milestone to achieve yet another all-time high. No one can accurately predict where it will be in 24 hours, a week, or even a year, but most industry players agree that the increase in prices isn’t stopping just yet.

With the mainstream financial sector paying increased attention to Bitcoin and many investors looking to get in on the action, it looks like the Bitcoin party celebration will continue. Major US financial institutions such as CBOE and CME Group are both going to be rolling out Bitcoin futures trading within the next week or two, and that might send prices climbing even higher over the coming days.

Which S&P 500 company will be the next to fall before Bitcoin’s mighty market cap? JP Morgan? Facebook? Amazon? Let us know what you think in the comments below.


Image courtesy of AdobeStock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jinia Shawdagor

Jinia Shawdagor

Related Posts

Stripe, a lightning over a city

Stripe And Primer Go Lightning: New Bitcoin Payment Solutions Via OpenNode

3 hours ago
bear market

By The Numbers: The ROI On Buying The Blood In Bitcoin

7 hours ago
Chainlink

Amber Group Partners With Chainlink For More Reliable Asset Transaction Pricing

9 hours ago
China bitcoin mining

Not So Great Wall: How China Failed Miserably To Ban Bitcoin Mining

13 hours ago
WeWork

WeWork Founder Is Back With $70 Million Funding For Flowcarbon

15 hours ago
Crypto

Crypto Billionaire Says He May Shell Out $1 Billion On The 2024 U.S. Election

17 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.