According to data from CoinMarketCap, the market cap of Bitcoin (BTC) has surpassed the market cap of the giant payments company Visa.
After the crises on the crypto side last year, there was a decrease in market value on the BTC side. With the collapse of FTX, BTC lost $ 100 billion in market value, but rose again and increased its market value by $ 65 billion. In light of data from CoinMarketCap, BTC with a market cap of $470.16 billion, outstripped Visa with a market cap of $469.87 billion.
https://twitter.com/EverythingAjay/status/1627386676128653312
BTC Market Cap surpasses Visa’s Market Cap for the Third Time
The first time BTC got ahead of Visa in market cap was seen at the end of 2020, when the price of BTC reached $25,000. With the BTC price reaching $25,000 for the first time, Visa market cap has been surpassed. The second time BTC took the lead in market value was in April 2021, when the BTC price rose to $63,170.
After months, BTC rose again to the level of $ 25,000, again attracting attention in the crypto industry. BTC continues to gain volume with its ever-increasing market cap and upward pricing. In line with the data from CoinMarketCap, his passing of Visa, the giant payment company in BTC market value, attracted great attention on social media.
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