Bitcoin growth is bigger than Bank of America
According to Cointelegraph digital media the current market capitalization is just over $ 217 billion
Bitcoin’s market capitalization has grown in 2020 compared to recent years, outperforming various wealth comparisons along the way and although it has withstood a fair share of dramatic price fluctuations it continues to advance.
Currently, according to Cointelegraph data, this capitalization stands at more than USD 217 billion, while Yahoo Finance shows that Bank of America’s market capitalization is located at little more than USD 226 billion.
Last March, the economy driven by the Central Bank of the United States remained at USD 168 billion and with respect to bitcoin it was close to USD 145 billion.
For his part, in April, Amazon CEO Jeff Bezos announced a net worth of approximately $ 140 billion, with a bitcoin market capitalization close to $ 130 billion. These signs that have been generated since the beginning of the year reaffirm the statistics of many analysts with respect to bitcoin who assure that the asset could reach astronomical heights.
This hypothesis has been confirmed by Morgan Creek Digital co-founder Anthony Pompliano, who recently predicted a future market capitalization of bitcoin that would surpass $ 80 or $ 90 trillion at some point. However, Pompliano says he is not sure if bitcoin would reach such a market capitalization for him to see it in life.
K. Villarroel
Source: infocoin
