According to Coinmarketcap, Bitcoin’s market cap crossed over $338 Billion. As Bitcoin hit $18,000 on 18th November, its market cap is hugely increased within a short period of time.
Do you believe that Bitcoin is strong enough to overtake a company like a world’s one of the largest well-known graphics cards manufacturer Nvidia?
Well that exactly what happened with this Bitcoin hype. On November 17th, Nvidia’s total shares closed at $330.7 Billion. Where Bitcoin’s surged above $336 Billion.
Take a loot at this Nvidia’s market cap chart over time.
This Nvidia’s market cap chart from Marco Trends shows there’s a significant hype in the year 2020. The graph shows it is around 100% increment in this year. However according to coinmarketcap,
From January 2020 Bitcoin surged over 400% now. It is from $4,000 to $18,000. The interesting fact is, both have close ties while Nvidia is manufacturing the best performing graphics cards to mine cryptocurrencies including Bitcoin.
What do you think of Bitcoin’s this milestone? Where is it heading to? The discussion is open below.