Bitcoin the worlds most valuable cryptocurrency is gaining more popularity with each passing day partly due to its volatility and an ever rising market price. Recently Bitcoin has been experiencing a robust bullish rally, taking the Bitcoin price to above $9,800 mark.
Analysts say the bullish rally is as a result of the acceptance and integration of Bitcoin by institutional investors like the France based TOBAM Asset Management Company, the CME Group, CBOE, JP Morgan, Seoul Based Shinhan bank and many more.
It is also important to note that Bitcoin is accepted as a legal tender and store of value in many countries of the world. All the above factors have led to the recent Bitcoin bullish rally which has made the Bitcoin value to surpass the value of many famous companies in the world.
Here we have carefully compiled a list of some famous firms Bitcoin value is bigger than.
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https://zycrypto.com/bitcoin-now-valuable-than-many-popular-companies/Really? I thought only Japan has actually formally accepted it as a legal form of payment thus far?
But yeah considering bitcoin's status as a prime investment right now, being more valuable than lots of other companies is not such a surprise.