This is almost the level of the Nasdaq tech stock. It is news that the market cap of Bitcoin has outpaced the market caps of major companies around the world. The recent surge may also be the cause, but most of all, it seems to be because the look at bitcoin is different from before.
As the price of bitcoin continued to rise recently, it was revealed that the market capitalization of bitcoin surpassed major global companies such as McDonald's and Netflix. According to Asset Dash on November 6 (local time), Bitcoin's market cap of $244 billion is more than the market cap of major companies such as PayPal, Netflix, and Bank of America.
In the list created by Asset Dash by investigating the market capitalization of three types of assets: stocks, exchange-traded funds (ETFs) and cryptocurrencies, Bitcoin is currently ranked 21st and is expected to enter the top 20