Bitcoin Surpasses Facebook by Market Cap, Enters Top-10 Biggest Assets

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Fri, 01/08/2021 - 11:41

Yuri Molchan

As Bitcoin has topped $41,000 it has also surpassed Facebook and a few other giants by market cap value

Bitcoin Surpasses Facebook by Market Cap, Enters Top-10 Biggest Assets

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Less than an hour ago, Bitcoin breached the $41,000 level. Its market capitalization has surged to $770.65 billion and surpassed that of giants Facebook, Tencent and Alibaba.

Bitcoin has now become one of the top 10 most highly valued assets.

Yesterday, Jan. 7, Bitcoin's market cap value matched that of Tesla; however, a flippening did not happen.

Bitcoin Skyrockets to $41,000, Reaches New All-Time High

Now, Tesla stands as the next biggest asset for Bitcoin to overcome.

#Bitcoin #Elon Musk

About the author

Yuri Molchan

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets.

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.