{"id":34865,"date":"2021-03-20T16:32:03","date_gmt":"2021-03-20T15:32:03","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=34865"},"modified":"2021-03-20T16:32:03","modified_gmt":"2021-03-20T15:32:03","slug":"bitcoin-is-now-worth-more-than-visa-paypal-mastercard-combined","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/bitcoin-is-now-worth-more-than-visa-paypal-mastercard-combined\/","title":{"rendered":"Bitcoin Is Now Worth More Than Visa, PayPal, MasterCard Combined"},"content":{"rendered":"
Bitcoin<\/strong><\/a> has come a long way since its inception. The narrative surrounding the flagship has shifted from being a “Wild Wild West” currency to a store of value as a hedge against inflation and more recently uncertainty around the US dollar’s purchasing power in the years to come.<\/p>\n Its story, as an asset class, is still being crafted but it is important to acknowledge the many milestones it has achieved in recent times.<\/p>\n <\/p>\n The latest feather to Bitcoin’s cap was that it is now worth more than<\/a> the valuation of the world’s three largest payment services, put together!<\/strong><\/p>\n Bitcoin’s market cap was at a whopping $1.11 trillion, at the time of writing. Visa, PayPal, and MasterCard’s market caps, on the other hand, were found to be at around $442 billion, $282 billion, and $354 billion respectively. The total market cap of the trio stood at approximately $1.08 trillion which is some $3 billion lesser than the cryptocurrency.<\/p>\n In fact, Bitcoin’s valuation has surpassed the combined market cap of the three world’s largest banks – Bank of America, JPMorgan, and The Industrial and Commercial Bank of China. The figure for this trio was found to be near $1.08 trillion.<\/p>\n The popularity of the crypto-asset among investors has been significant in the fast-paced world of cryptocurrency. So much so that Bitcoin’s network value rose from the ashes to over $1 trillion in network value almost 4 times faster than the American multinational technology company, Microsoft.<\/p>\n As Bitcoin surged from bearish price action to over $60,000, it went on to become the best-performing asset of the past decade. This was revealed by Charlie Bilello, who happens to be the founder and CEO of Compound Capital Advisor.<\/p>\n <\/p>\nBitcoin Valuation > Visa + PayPal + MasterCard’s Valuations Combined<\/h3>\n
Bitcoin Crowned As The Best Performing Asset Of Last Decade<\/h3>\n