Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Bitcoin’s Market Cap Soars Past World’s Largest Financial Institutions, Including JPMorgan Chase and Bank of America

by Daily Hodl Staff
February 14, 2021
in Bitcoin, Ethereum
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

Bitcoin’s (BTC) market capitalization now exceeds the valuation of some of the world’s largest financial institutions amid a sustained bull run that catapulted the largest crypto asset above $48,000.

CoinMarketCap shows that Bitcoin’s market capitalization has soared above $900 billion as it printed a new all-time high of $48,745 on February 12th, surpassing the valuation of financial giants Visa ($462.93 billion), PayPal ($349.44 billion), and Mastercard ($339.10 billion). Bitcoin’s market cap is also larger than the combined value of JPMorgan Chase ($430.72 billion), Bank of America ($288.67 billion), and Citigroup ($132.48 billion) with an aggregate market cap of $851.87 billion, according to data from CompaniesMarketCap.

ADVERTISEMENT

The flagship cryptocurrency is ninth on the list of top assets by market cap. Gold, which has a market cap of $11.59 trillion is in the lead, followed by iPhone maker Apple, petroleum and natural gas titan Saudi Aramco, and tech goliaths Microsoft and Amazon.

The king coin sits above electric car firm Tesla, social media giant Facebook, and Chinese e-commerce company Alibaba in the ranking, but it is below silver, Google-parent company Alphabet, and Shenzhen-based tech firm Tencent.

Source: CompaniesMarketCap

Ethereum (ETH) also made it in the list of top 100 assets by market cap. The leading smart contract platform takes the 52nd spot with a market capitalization of $209.7, surpassing the valuations of Wells Fargo and Morgan Stanley.

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

ADVERTISEMENT


Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Mmaxer/Aui Meesri

Submit a Press Release

Crypto Livewire – Press Releases

  • Mogul Brings NFTs and DeFi to the Film Industry, Announces Access Pass Sale
    March 5, 2021
  • eToro and DS TECHEETAH Change Face of Sponsorship With Unique Profit Only Deal
    March 3, 2021
  • Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming
    February 26, 2021
  • Bang Bang: Critical Factors Fueling Rise of the Retail Investor
    February 25, 2021
  • How Traders Make Money in Both Bull and Bear Markets on BigoMex
    February 25, 2021
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$48,762.00
$48,762.00
4.66%
Ethereum
$1,537.89
$1,537.89
4.56%
Binance Coin
$225.86
$225.86
3.86%
Polkadot
$33.59
$33.59
3.2%
Cardano
$1.16
$1.16
10.3%
XRP
$0.456989
$0.456989
1.16%
ADVERTISEMENT

Spotlight

  • This Small-Cap Altcoin Is One of the Most Promising Projects of 2021, According to Coin Bureau
    February 26, 2021
  • Top Analyst Predicts Massive XRP Breakout, Warns Major Bitcoin and Crypto Correction Coming First
    March 3, 2021
  • Dubai-Based Crypto Fund Selling $750,000,000 in Bitcoin To Buy Two Altcoins
    February 28, 2021
  • Creator of $4.1 Billion Crypto Asset EOS Unveils New Altcoin Project
    March 4, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

×
We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.