Bitcoin the world’s most popular cryptocurrency breaches $27,000 level to set an all-time record high, according to trading data.
Bitcoin now world’s largest financial service; The digital currency is theoretically the 11th largest company globally based on its market cap, ahead of corporates like Samsung, Walmart, Berkshire Hathaway, Coca Cola, and more.
Bitcoin is now valued at $508.97 billion, ahead of the $460.06 billion market cap of Visa, according to Companiesmarketcap.
Bitcoin rose to a record high against the dollar breaches $27,000 to set all-time record high on Sunday
Binance shared an interesting tweet where it wrote, Bitcoin hit 24k ($24,000) on 24th (December), 25k on 25th, 26k on 26th and 27k on 27th. It ends the tweet with to ‘Continue (the trend) below’.
Among the top 10 financial service companies following Visa, as of December 27, 2020, were JPMorgan Chase ($379.56 billion), Mastercard ($334.96 billion), PayPal ($279.61 billion), Bank of America ($259.17 billion), Industrial and Commercial Bank of China ($257.97 billion), China Construction Bank ($185.31 billion), Agricultural Bank of China ($163.92 billion), SoftBank ($140.75 billion), and Bank of China ($129.82 billion).