Overall Crypto Market Cap Over $2.3Tn – Overtakes Tech Giants Like Amazon
Big news here as the overall crypto market cap overtakes Amazon, Alphabet, and Microsoft
Bitcoin rallies above $57,000 as crypto market cap overtakes tech giants
“The world’s largest cryptocurrency was up 1.63% to trade at $57,194 after briefly dipping below $57,000 on Tuesday morning before continuing to rise, bringing its total gains for October to 32%.
Bitcoin’s latest rally has taken the overall crypto market cap above $2.3tn, overtaking the value of tech giants like Amazon (AMZN), Google’s parent company Alphabet (GOOGL) and Microsoft (MSFT). Only Apple (AAPL) is worth more than the cryptocurrency market, at $2.36tn.
The market value of bitcoin alone is more than $1tn, bringing it to number eight on the list of top assets by market cap, above Facebook (FB) and Tesla (TSLA).”