Bitcoin Surpasses Tesla, Ranks 11th Globally - page 3.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: Relonage on October 26, 2023, 02:07:29 AM

According to the latest data from 8marketcap, Bitcoin's market capitalization has surpassed that of Tesla, now ranking as the 11th largest global asset by market value. Bitcoin's market capitalization is approximately $676.6 billion with a 14.13% increase in the past 24 hours, while Tesla's market capitalization stands at around $673.1 billion with a 0.04% increase in the same period. This sounds crazy.

Bitcoin has high volatility and its rank on Top assets by market cap will change quickly.

I don't know where did you get this information, is it from any news website?

If you want to get it by yourself, you can use two following websites. By the way, Bitcoin has yet reclaimed its all time high about $70,000.
https://companiesmarketcap.com/assets-by-market-cap/
https://8marketcap.com/

Oshosondy

legendary

Activity: 1624

Merit: 1200

Gamble responsibly

Quote from: hugeblack on October 26, 2023, 05:43:21 AM

Market capacity is a rapidly changing measure and may lead Bitcoin to be close to or exceed Apple during the next 18 months, considering that we will stop somewhere between $2 trillion and $3 trillion.
There is also no comparison between Bitcoin and Tesla, as they are both in different fields and target a different type of customer, and Bitcoin is not a stock to be compared to one of the stocks. This title would be good for the beginning of an article to attract views, but there is no relationship between Bitcoin and Tesla that would make us compare the market capacities between them.

It is listed on some sites like that. If I see sites or people comparing stocks with bitcoin, it use to annoy me because they are not comparable, only time is what that is needed and the difference between a digital currency called bitcoin that is recognized globally as money, currency, investment and store of value and those stocks listed with it would be known when bitcoin price fall will still give a bigger marketcap higher than the highest stock marketcap. I do not think that would be up to 10 years away.

hugeblack

legendary

Activity: 2702

Merit: 4002

Market capacity is a rapidly changing measure and may lead Bitcoin to be close to or exceed Apple during the next 18 months, considering that we will stop somewhere between $2 trillion and $3 trillion.
There is also no comparison between Bitcoin and Tesla, as they are both in different fields and target a different type of customer, and Bitcoin is not a stock to be compared to one of the stocks. This title would be good for the beginning of an article to attract views, but there is no relationship between Bitcoin and Tesla that would make us compare the market capacities between them.

Relonage

newbie

Activity: 8

Merit: 0

According to the latest data from 8marketcap, Bitcoin's market capitalization has surpassed that of Tesla, now ranking as the 11th largest global asset by market value. Bitcoin's market capitalization is approximately $676.6 billion with a 14.13% increase in the past 24 hours, while Tesla's market capitalization stands at around $673.1 billion with a 0.04% increase in the same period. This sounds crazy.

Topic: Bitcoin Surpasses Tesla, Ranks 11th Globally - page 3. (Read 371 times)