Aug 18, · Gold Versus Bitcoin: Market Cap. At the present time of writing, gold’s market cap is around $9 trillion USD. Bitcoin’s market capitalisation sits currently at $ billion USD. Comparing the two alternative assets, gold is currently around 40 times more than Bitcoin in market capitalisation. Jun 21, · The current value of all the bitcoin BTCUSD, % in the world is worth about $42 billion, at the latest check. That is undoubtedly more money than most Americans will ever see in . Bitcoin (BTC) is currently witnessing massive trade volumes trading at a price of $19, with a market cap of $ billion. With this, Bitcoin surpasses payments giant MasterCard which holds $ billion of .
Bitcoin size of marketHow big is bitcoin, really? This chart puts it all in perspective - MarketWatch
The asset was developed and launched just over a decade ago, and has seen an enormous gain in market cap, trading price, and popularity since inception and it continues to show signs of bullish growth. The gold market in the past decade has remained mostly stable, with the exception of a sharp decline in From there, the precious metal regained its value to see a positive incline in value over the past two years.
Bitcoin has seen a lot more volatility in the past few years than gold, given how the market has been in a constant state of adoption and correction. Bitcoin saw its first spike at the end of , marking its first cycle of increases.
Since then, it continued at a reasonably steady rate until midway through last year, where it lost and gained value with characteristic volatility. Like gold traders, Bitcoin and cryptocurrency traders tend to buy and sell according to numerous factors, including the price of fiat assets and the economic movements of the US Dollar.
As the US Dollar seems to drop, both Bitcoin and gold rise in value. Whether this will happen and — if it should — whether Bitcoin market cap and value can hold above that of gold will be seen in time. If Bitcoin does exceed gold in value and market cap, it will likely be at the mass adoption of the use of cryptocurrencies for both trading and daily transactions across the globe. CoinInsider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates.
Blockchain experts envision a huge amount of possible applications, with everything from supply chain management to online personal identification. Size of the Bitcoin blockchain from January to December 13, in gigabytes. Loading statistic Download for free You need to log in to download this statistic Register for free Already a member?
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