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433: BITCOIN SMASHES $25K ALL-TIME HIGH MILESTONE, NOW TARGETING $28K AS YEAR COMES TO A CLOSE!!
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
English - December 26, 2020 15:35 - 17 minutes - 17.2 MB - ★★★★ - 537 ratingsTechnology Education bitcoin binance bitcoinnews bitcoinnewstoday bitcoinprice bitmex blockchain btc btcnews crypto Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The Bitcoin price surpassed $25,000 on Dec. 25, reaching a new all-time high of $25,020 on Bitstamp and surpassing the market cap of Visa in a historic milestone.
Visa, the financial services giant, is valued at $460.06 billion according to Yahoo Finance. As of Dec. 26, Bitcoin is comfortably hovering above $462 billion.
Bitcoin is essentially a peer-to-peer software protocol while Visa is a for-profit corporation. Some may argue that a direct comparison between the two is not apt as they are fundamentally different.
But Bitcoin surpassing the valuation of Visa is symbolic above all else and the current market cap of Bitcoin would theoretically make it the thirteenth-largest company in the world.
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