BREAKING: Today, We Saw More History Together! Bitcoin (Core/Legacy Chain, etc) Market Cap crossed the $200B Mark For The FIRST Time!!

in #bitcoin7 years ago


BITCOIN SMASH!!!

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With BTC crossing the $200B market cap just today for the 1st time (Dec. 5th, 2017, aprx. 1:30 pm UTC time or 8:30 am EST) and with more countries relaxing rules for its use, it is a real thing.

** Bitcoin (Core/Legacy Chain, etc is the only chain included, too, I am not even including Bitcoin Cash, Bitcoin Gold or the other forks!! **


BTC began the year at about $15.5B total market cap and we have not included the forks of BTC in these numbers either!


-- With the $200 billion mark now eclipsed, it's right alongside and ready to overtake giants like, Oracle ($201 billion), or major drug maker, Pfizer Inc. ($213 billion).

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Bitcoin is Now Bigger Than:

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-- General Electric (Market cap: $157 billion)

-- Walt Disney (Market cap: $154 billion)

-- McDonald's (Market cap: $134 billion)

-- IBM (Market cap: $140 billion)

-- Goldman Sachs (Market cap: $95 billion)

-- Target (Market cap: $31.8 billion)

-- American Airlines (Market cap: $27.7 billion)

-- Ford Motor Company (Market cap: $43.5 billion)

-- Deutsche Bank (Market cap: $37.7 billion)


Recent Related Crypto Market Cap Milestones!

Compiled From My Blog:


Here is the exact time on Dec. 4th a day ago (roughly 10:15 am EST) that we broke the latest milestone!!

$350B+ Total Market Cap in Crypto!!!


1-Day View!!

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I have posted on all these milestones with mins. or a few hours, of them happening.

-- Here is the $300B Market Cap milestone post on Nov. 26th/27th (depending on what timezone you are in LOL)

https://steemit.com/bitshares/@barrydutton/we-just-saw-more-history-together-total-crypto-market-cap-just-crossed-the-usd300b-mark-for-the-first-time-or-crossed-usd250b


Recent Market Cap History/Stats:


$150B Crypto Market Cap crossed 1st time ever: 8/23/2017!

$179B Crypto Market Cap " " " 9/1/2017

$147B Crypto Market Cap " " " 9/9/2017 - 12:55 pm EST

$112-15 B Crypto Market Cap " " " 9/14/2017 - 10:05 pm EST (It hit $112B today ~5 pm EST)

$125B Crypto Market Cap " " " 9/21/2017 - 6:15 pm - Lost $10B overnite + today

$155B " " " 10/11/2017 - 5:15 pm - Up about $12B/7 Days

$170B " " " 10/24/2017 - 4:15 pm EST - Bitcoin Gold Forkening Week (volatility)

$182B " " " 10/31/2017 - 5:40 pm EST - +$12B Gained/ 7 Days - BTC Mooned!

$200B * " " 11/3/2017 - 4:30 am EST - +$18B Gained / 3 days

$195B " " " 11/12/2017 - 10 pm EST (pullback, we hit around $205B this wk.)

$238B " " " 11/19/2017 - 9 pm EST -- Huge Gains for BTC Week! - Lots of Green!

$301B " " " 11/26/2017 - 9:30 pm EST -- Huge Gains in whole market - UP $63B/7D

$350B " " 12/3/2017 - 10:15 am EST -- Dips then Big Regains this Weekend. late in week. - UP ~$49B/7D


As of just now about 9:40 pm EST 12/3/2017: $340B total crypto market cap. After the big weekend/day today, we have pulled back $10B the last few hours to that $340B mark.

-- Overall up ~$49B in 7 Days factoring out the last few hours. We are OK!

-- We are up ~$142B in 30 days or so!!!

-- We hit $200B 1st time ever early in the day, on Nov. 3/2017!!

--- the CMC.com (CoinMarketCap.com) charts are showing our total market cap for Crypto is still elevated and climbing all week- overall compared to the last month of course......despite FUD in the Far East markets etc.

-- And some alleged market manipulations, even (highly) demonstrated it seems that weekend as mentioned above (Bitcoin Cash complete Skyrock !)

-- Basically we have gained ~$142B in ~30 days as I said just above. That is BIG.


Charting Total Crypto Market Cap:


1 Month!


1 Week!


90 day charts, the proof is there:


Here is us crossing the $250B JUST 11 DAYS AGO!!!!!

250B Crypto Market Cap Breach 1st time -- 11-22-23--2017.jpg

Every Day -- we are seeing history together!!!!


All stats captured via:

CoinMarketCap.com Charts:

https://coinmarketcap.com/charts/


Super Easy/Fast Picture Resizing / Editing at: http://www.picresize.com/ and also www.LunaPic.com
Main Image Source

Thanks for reading, have a nice day.



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Carry On.

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It is nice to have ATH's but we cannot expect them to follow each other without bearish retracements. I think we will see a major correction soon: https://steemit.com/bitcoin/@leendertderijke/bitcoin-price-likely-to-fall-down-soon-indicated-by-rsi

great thanks i follow you!

What is the highest market cap out there,
Pfizer at $213 billion?

Actually I think Apple is one of the highest at $900 Billion. Hope bitcoin reaches that one day. Means there is still a lot of time to buy more bitcoin at these cheap December 2017 prices ;)

Apple has hardly any profit though.

LOL

True story, look at their shareholder reports.

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