bitcoin reaches a new milestone when its market capitalization settled at $1.25 trillion this week this height has made so many analysts including myself to compare the giant of cryptocurrency (bitcoin), to Google the king of search engines and video streaming in market capitalization.
Bitcoin market capitalization as of the time of this writing is $1.14 trillion.
Google’s market capitalization is $1.5 trillion.
With the current surge in the bitcoin market, I can authoritatively say that Bitcoin is on its way to becoming the Google of cryptocurrency, and shortly bitcoin will surpass Google in market capitalization.
What is your opinion about this?
nothing impossible will happen and it is possible because indeed the market cap of bitcoin continues to increase, a sign of increasing trust in bitcoin. After the effect of @elonmusk with its teslanya, it is possible to increase the confidence of large companies investing their funds in bitcoin.
In fact, it is possible that all this time companies or investors who play in stocks have noticed that crypto is very attractive to be used as an alternative as a long and short term investment. as we know the current price of coin in crypto, many have reached ATH, if bitcoin is clearly more than that.
So it is natural that there is a discourse that bitcoin will be able to surpass Google and even other big companies is something that can and may be, remember that the movement of bitcoin is still long, even until the end of the year. the possibility of a very fantastic change in price could happen.