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Bitcoin hit the $1 trillion market cap milestone twice as fast as Amazon and three times faster than Apple, data shows
Bitcoin hit the $1 trillion market cap milestone twice as fast as Amazon and three times faster than Apple, data shows
Shalini NagarajanApr 14, 2021, 15:01 IST
Dado Ruvic/Reuters
Bitcoin took only 12 years to reach $1 trillion in market value, while Big Tech took much longer.
Data shows bitcoin's march towards its record peak was twice as fast as
Amazon's.
Apple took 42 years.
Bitcoin surged to a new all-time high above $64,000 on Wednesday ahead of Coinbase's market debut, in a rally that continues to be partly fueled by institutional buyers.