New numbers reveal: Bitcoin is one of the world’s 50 biggest “companies”
Jul 30, 2019
Bitcoin has been shaky for the past week. Right now, the price of the world’s biggest cryptocurrency is below $10,000.
New numbers may cheer up the crypto fans of the world.
If bitcoin was a publicly-traded company, it would be the world’s 50th biggest, numbers from Coinmarketcap and Forbes show.
Apple is six times bigger
Bitcoin is certainly not a company, it is a decentralized cryptocurrency (and a payment system). But its total market value of $169 billion means that it would have qualified among the absolute heavyweights if it had been a listed company.
To get to number one, there is still a long road ahead for bitcoin. Apple is about six times bigger than bitcoin, Bitcoinist reports.