The capitalization of Bitcoin in February rose to $ 480 billion. The largest digital currency has bypassed the Visa payment system, which costs just over $469 billion.
BTC periodically turns out to be more expensive than many financial companies and banks.
For example, in 2020, the cryptocurrency surpassed the capitalization of JPMorgan bank. Note that its head Jamie Dimon has been criticizing bitcoin for the past few years and considers it a fraud.
Moreover, BTC is already more expensive than the Visa payment system for the third time. For the first time, the cryptocurrency bypassed the company in December 2020, and for the second time – in October 2022. However, after the collapse of the FTX exchange and the fall in bitcoin capitalization by more than $ 100 billion, Visa again became more expensive than the largest digital currency.
According to Google Finance, BTC is ahead of another popular payment system MasterCard, which now has a capitalization of $345.24 billion.