Bitcoin goes into ludicrous mode as it briefly flippens Tesla
The crypto asset overtook Tesla Motors in market capitalization following an announcement that the car manufacturer had invested in Bitcoin. Earlier this morning, Tesla Motors announced that it had allocated part of its balance sheet to Bitcoin. Not even two hours have passed, and the crypto asset’s market cap briefly exceeded that of the car manufacturer itself.For a short time today, Bitcoin (BTC) held a market cap of $807,869,728,188 according to data from AssetDash, surpassing Tesla’s at $807,829,441,685. Bitcoin held the 7th spot on the list following the announcement, with both Tesla....
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The price rise over the weekend put Bitcoin’s market cap within $600 billion of Amazon. After rising above $66,000 today and reaching a market capitalization of more than $1.2 trillion, Bitcoin has surpassed the total market cap of both car manufacturer Tesla and social media giant Facebook.According to data from AssetDash, Bitcoin (BTC) is now the sixth most valuable asset by market capitalization among major companies, behind Microsoft, Apple, Google's parent company Alphabet, Saudi Aramco, and Amazon. The crypto asset passed Tesla’s and Facebook’s market caps of $1.19 trillion and $975....
The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. After hitting a new all-time high price approaching $67,000 earlier on Wednesday, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc.According to data from Fiatmarketcap, Bitcoin’s market cap was more than $1.263 trillion when the price of the crypto asset reached an all-time high of roughly $67,000 earlier on Wednesday. This briefly exceeded the value of the circulating supply of the Swiss franc at....
The crypto asset's market capitalization has also overtaken Tesla's again, following an overnight price surge. After hitting a new all-time high of more than $48,000 earlier today, the market capitalization of Bitcoin has surpassed the total market cap of the Russian ruble. According to data from AssetDash, Bitcoin’s market cap is $871 billion at the time of publication. This exceeds the money supply of the Russian ruble, which as of January was estimated to be 58.6 trillion RUB, currently valued at roughly $791.1 billion. The crypto asset has also overtaken Tesla Motors in market....
Tesla will soon accept cryptocurrency Dogecoin as a mode of payment at its supercharging stations located in Santa Monica, tweeted by Elon Musk, chief executive officer (CEO) of Tesla, on Saturday morning, February 19, 2022. After this announcement, prices of Dogecoin started rising upward. Related Readings | Elon Musk Makes McDonald’s An Offer They Can’t […]
The Bitcoin market has been extremely volatile and leaning towards dips that left many traders and investors on panic mode. Companies like Tesla and MicroStrategy are experiencing the same dilemma with their Bitcoins suffering tragic lows. Suggested Reading | Madonna Gives Birth To Flora And Fauna In 1st Beeple NFT Project (That’s NSFW) MicroStrategy And […]