Advertisement
AD

Main navigation

Bitcoin Now Matches Tesla by Market Cap, Flippening in Sight

Advertisement
Thu, 7/01/2021 - 14:00
Bitcoin Now Matches Tesla by Market Cap, Flippening in Sight
Cover image via stock.adobe.com
Read U.TODAY on
Google News

According to companiesmarketcap, Bitcoin now has a market cap value equal to that of Tesla: $716 billion.

Advertisement

Bitcoin holds 11th place so far, but it looks like it is about to overcome Tesla and enter the top 10 assets listed by market capitalization.

BTC
Image via companiesmarketcap

Bitcoin has been quickly rallying both in terms of price and market cap, correspondingly breaking above the $700 billion level earlier today.

Related
Bitcoin's Potential to Reach $50,000 Increases: Bloomberg's Intelligence Analyst Mike McGlone

Earlier, Bitcoin hater Peter Schiff referred to Tesla and Bitcoin as gambling tools. He stated that these assets showed immense growth in 2020: Bitcoin surged almost 4x and Tesla rose 7x, while his beloved assetgolddemonstrated a "modest 24 percent rise."

Earlier today, the flagship cryptocurrency broke above the $38,000 level, reaching another all-time high. The previous one was taken on Jan. 6 as Bitcoin broke through $36,000.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD