Bitcoin bypassed PayPal by market capitalization
Taking last barrier in $ 4000, the price of bitcoin continued rapid ascent. At some point, the weighted average rate of the crypto currency, according to Coinmarketcap, reached $ 4323.29, and the market capitalization exceeded $ 70 billion.
The last achievement is noteworthy and the fact that in this way bitcoin on this indicator has bypassed such a giant of the payment industry as PayPal.
At this moment bitcoin capitalization reached $ 72.2 billion.Market capitalization of PayPal, according to Yahoo Finance, is estimated at $ 70.18 billion at the same time.
Now you can, perhaps, talk about the real Flippening - bitcoin, finally, bypassed not only one of the most centralized processing systems in the world, but also considered a direct antipode crypto currency payment structure. And although some doubts as to whether bitcoin will be able to gain a foothold on the achieved heights, still remain, today can rightfully enter the history of "digital gold"
@anonimous got you a $0.82 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more!
This post has received a 0.54 % upvote from @bellyrub thanks to: @anonimous.