The market capitalization of Bitcoin has surpassed Amazon, reaching $2.421 trillion and entering the top 6 popular global assets.
According to data from 8marketcap updated on August 11, Bitcoin continues to assert its leading position by ranking above Amazon in the global asset ranking.
MAIN CONTENT
Bitcoin reached a market capitalization of $2.421 trillion.
Bitcoin surpassed Amazon in market value.
Bitcoin ranks sixth in the global asset ranking.
How does Bitcoin's market capitalization exceed that of Amazon?
Bitcoin's market capitalization reached $2.421 trillion, surpassing the market value of Amazon, one of the leading technology conglomerates in the world. This demonstrates the growing strength and trust of investors in the world's largest cryptocurrency.
The fact that Bitcoin's market capitalization surpasses Amazon reflects the strong development of the cryptocurrency industry, especially after impressive growth phases and the expansion of the Blockchain ecosystem. This is also evidence of the trend of shifting digital assets in the global investment portfolio.
What rank does Bitcoin hold in the global asset ranking?
Bitcoin's market capitalization currently ranks sixth in the list of the most valuable large-cap assets in the world, according to data updated from 8marketcap on August 11.
Entering the top 6 assets demonstrates the stable development and important position of Bitcoin compared to traditional assets such as stocks, real estate, or commodities. This is also a sign that cryptocurrencies are increasingly being widely accepted and have a significant influence on the global financial market.
Bitcoin is not only a type of digital asset but also a satellite of the future global finance, reshaping the way of investing and storing value — Financial Strategy Director at a renowned investment fund, 2024.
Quote from a financial expert, 2024
Frequently Asked Questions
What is Bitcoin and why does it have such a large market capitalization?
Bitcoin is the first and most popular cryptocurrency, with high liquidity and widespread acceptance, creating enormous market value.
How is market capitalization calculated?
The market capitalization of Bitcoin is the total supply of circulating Bitcoin multiplied by the current price of one Bitcoin.
Can Bitcoin surpass other big companies in asset value?
With a steady increase in acceptance and application levels, Bitcoin has the potential to surpass many major companies around the world.
From which source is the Bitcoin market capitalization data updated?
Capitalization data is collected from 8marketcap, a reputable tool for tracking the global cryptocurrency market value.
What position does Bitcoin hold in the global financial ecosystem?
Bitcoin is currently one of the top six valuable assets in the world, reflecting its significant influence in the financial market.
Source: https://tintucbitcoin.com/bitcoin-vuot-amazon-dung-thu-6-toan-cau/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
