• Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact
Wednesday, May 7, 2025
FinCurrency
No Result
View All Result
  • Home
  • News
  • Finance
  • Economy
  • Crypto
  • Home
  • News
  • Finance
  • Economy
  • Crypto
No Result
View All Result
FinCurrency
No Result
View All Result

Visa Market Capitalization Lags Behind Bitcoin

Ren Garcia by Ren Garcia
February 26, 2023
in Crypto
Reading Time: 2 mins read
A A
0
Visa Market Capitalization Lags Behind Bitcoin
0
SHARES
5
VIEWS
FacebookTweetPinShareShare

Bitcoin (BTC) had a phenomenal start to 2023: BTC’s price surge pushed its market capitalization to $470 billion. This resulted in Bitcoin surpassing Visa is market cap for the third year in a row.

A Dream Year After 2022

After the collapse of the Bitcoin market in 2022, 2023 was a pleasant surprise. Bitcoin (BTC) experienced its own volatility at the beginning of the new year. Bitcoin’s market value, which has increased by 48 percent since the beginning of 2023, has also increased significantly.

blockdag 70m

Bitcoin (BTC) Outperformed Visa

Bitcoin’s price increase pushed its market capitalization to $470 billion. However, this value also surpassed the market value of financial services giant Visa. Visa surpassed Bitcoin with a market capitalization of $469 billion.

However, this is not the first time this has happened. Bitcoin’s market capitalization surpassed Visa’s market capitalization for the third time.

However, Bitcoin surpassed Visa for the first time in December 2020, when the Bitcoin price was $25,000. In September 2020, Bitcoin’s market capitalization surpassed Visa, rising from $10,200 to $63,170 in just seven months.

Visa Market Capitalization Lags Behind Bitcoin

FTX’s decline in November 2022 ended that lead. As is well documented, FTX lost $6 billion on November 10 and November 100.

At that point, Bitcoin’s total market capitalization was $408 billion. Since then, Bitcoin has gained another $65 billion, overtaking Visa again.

Considering the modest $1 billion difference between Bitcoin and Visa, it is also important to note that both have outperformed the other in different time periods.

According to Google Finance data, Mastercard ranks third when comparing Bitcoin’s market capitalization to Mastercard’s. Mastercard’s current market capitalization is $345.24 billion.

You may be interested in: From Cash to Crypto: Understanding the Rise of Central Bank Digital Currencies (CBDCs)

Tags: Bitcoincryptocurrencymarketvisa
Previous Post

TradingView Gives BingX: The Award For The Best Exchange

Next Post

Ethereum is Price Might Reach The $2000 Mark

Ren Garcia

Ren Garcia

I am a personal finance reporter and markets reporter at Los Angeles/USA today. I graduated from San Jose State University, where I double majored in Business Administration and International Business.My passion is to create personal finance content that's empathetic and speaks my reader's language.Currently, I’am an author in different news channels as a financial journalist, simultaneously I am trying to gain new competencies in the subjects that I am interested in such as Venture Capital, Startups, FinTech, Payment methods and International banking.

Next Post
Ethereum is Price Might Reach The $2000 Mark

Ethereum is Price Might Reach The $2000 Mark

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Popular News

  • How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    0 shares
    Share 0 Tweet 0
  • Top 10 Altcoins Under $1 to Invest in 2025

    0 shares
    Share 0 Tweet 0
  • Alex Mashinsky Net Worth: From Tech Pioneer to Legal Battle

    0 shares
    Share 0 Tweet 0
  • How to Earn Passive Income? Embrace the Future of Passive Income and Earn 20% Instant USDT with Caged Beasts Coin

    0 shares
    Share 0 Tweet 0
  • Vanguard Routing Number: How to Find and Use It

    0 shares
    Share 0 Tweet 0

Recent News

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025
FinCurrency Logo White Mode Retina Mobile

FinCurrency is a user-friendly platform that stands out as a unique source where our strong team of experienced and academically qualified writers, who are experts in their fields, analyze current issues and global affairs related to the finance and crypto world in an enjoyable and non-technical approach.

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025

WARNING:

The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.
Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

  • Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact

© 2024 FinCurrency - Global News

No Result
View All Result
  • Home
  • News
  • Economy
  • Finance
  • Crypto
  • Technology
  • Terms and Conditions
  • Contact

© 2024 FinCurrency - Global News

Banner 1
Banner 2
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Terms and Conditions.