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Crypto Prune > News > Crypto > Bitcoin > Bitcoin exceeds Amazon. Is Apple next?
Bitcoin

Bitcoin exceeds Amazon. Is Apple next?

8 months ago 2 Min Read

Bitcoin, the leading cryptocurrency by market capitalization, can easily be used Beyond the top Tech Behemoth Amazon is based on today’s market capitalization.

Top Coin’s market capitalization peaked at a whopping $2.36 trillion at the beginning of this Friday.

According to Coingecko data, a few hours ago, major cryptocurrencies reached their current highest peak of $118,667.

Bitcoin is the fifth largest market capitalization, with Apple becoming the next target. Once the third most valuable company in the world, the Tim Cookheld giant boasts a market capitalization of $3.16 trillion.

In the near future, Bitcoin will need to surge to around $159,000 per coin to be able to outperform iPhone makers by market capitalization (assuming Apple’s rating remains roughly the same).

Microsoft had swapped places with Apple for the top, but is now the second most valuable company, third most valuable asset, with a market capitalization of $3.7 trillion.

Nvidia is currently the most valuable company due to its absolute advantage in the realm of artificial intelligence (AI) chips. It has recently become the third company to reach a market capitalization of $4 trillion. Some analysts have raised Nvidia’s price targets and are focusing on a market capitalization of around $4-5 trillion on its potential market capitalization.

Gold, the leading cryptocurrency by market capitalization, is the most valuable asset by market capitalization. It is currently valued at $22.6 trillion.

See also  Fed's $18.5 billion repo surge reignites talk of money printers, Bitcoin eyes new liquidity
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