Bitcoin Is Now Bigger than Bank of America and NZ Dollar by Market Cap
As Bitcoin reaches a new yearly high of $12,470, its market cap is now greater than Bank of America's and New Zealand’s fiat currency. As Bitcoin gets more support from first-time investors, its market capitalization has risen past Bank of America's market valuation, and put it within striking distance of PayPal’s. According to AssetDash data at the time of writing, Bitcoin's current market cap sits just over $226 billion, having risen 3.2% in the last 24 hours.
Coin Telegraph - 18th Aug 02:08