Bitcoin Overtakes Visa Again: Now the 11th Largest Asset in the World

According to the data, the market value of Bitcoin (BTC) has surpassed the market value of payment giant Visa for the third time in history.

Bitcoin since the beginning of the year with a 48% increase in market cap once again payment processing giant Visa‘s market value and became the 11th most valuable asset. CoinGecko Bitcoin’s market value according to data provided by 475 billion dollars While the current market value of Visa is recorded as 460 billion dollars positioned at the level.

A total of three times throughout history, BTC’s market cap has managed to outperform Visa. The first of these, December 2020BTC’s debut in late ‘ for $25,000 happened when it arrived. Then Visa June and October 2022 regained the leadership.

By October 2022, Bitcoin once again surpassed Visa in terms of market cap, albeit for a short time. followed by November With FTX bankruptcy together in a week $100 billion market cap losing Bitcoin has been behind Visa ever since.

The steady bullish wave since the beginning of this year has ultimately played a role in bringing Bitcoin ahead of Visa. Bitcoin also Google Financeaccording to currently $345.24 billion second largest payment processing network with a market capitalization MasterCardIt is well ahead of .

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