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2021-04-14

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Cryptocurrency Market Overtakes Apple — The World's Most Valuable Company — In Market Capitalization

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BTC traded 5.33% higher at $63,860.05 at press time, while the runner’s up in terms of market cap, Ethereum (ETH) was up 9.35% at $2,370.58.\nBoth&nbsp;BTC and ETH touched all-time highs&nbsp;on Monday, and have continued to run up since.&nbsp;BTC touched its latest all-time high of $63,835.01 on Monday, while ETH charted another high around press time Tuesday of $2,355.79.\nWhy It Matters:The cryptocurrency market cap is swelling as the largest cryptocurrency exchange in the United States,Coinbase Global, Inc&nbsp;prepares to liston Wednesday.\nCoinbase has been assigned a reference price of $250 per share by Nasdaq, which values the exchange at 65.3 billion, a number lower than the $89.5 billion figure arrived at as a result of an earlie&nbsp;rprivate market auction.\nEven though BTC is hovering near all-time high levels, it is beginning to&nbsp;lose grip over the cryptocurrency market&nbsp;in terms of market cap dominance. ETH market dominance stood at 12.03% on Tuesday.\nOther cryptocurrencies, which are called altcoins, are also helping&nbsp;push up the worth&nbsp;of the global cryptocurrency pack.\nHowever, will the cryptocurrency market cap continue to exceed Apple’s in the medium term is questionable. Wedbush analyst Dan Ives believes Apple will hit a&nbsp;$3 trillion market cap by year-end.\nPrice Action:Apple shares closed nearly 2.4% higher at $134.43 on Tuesday in the regular session and fell nearly 0.2% in after-hours trading.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptocurrency Market Overtakes Apple — The World's Most Valuable Company — In Market Capitalization</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCryptocurrency Market Overtakes Apple — The World's Most Valuable Company — In Market Capitalization\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-04-14 13:38\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<img src=\"https://static.tigerbbs.com/1d4fd60a492940285375780df3d54f37\" tg-width=\"1200\" tg-height=\"630\">\nThe market capitalization of cryptocurrencies, as tracked by CoinMarketCap, has exceeded that of the world’s most valuable company&nbsp;Apple Inc.\nWhat Happened:The global cryptocurrency market cap stood at $2.243 trillion at press time, which is more than the iPhone maker’s $2.203 trillion valuation, as defined by its outstanding stock.\nApple is the world's most valuable publicly-listed company.\nCryptocurrencies have already eclipsed the second most valuable company by market cap,Microsoft Corporation is worth $1.95 trillion.\nTogether cryptocurrencies are also more valuable than&nbsp;Alphabet Inc,Amazon.com, Inc, and&nbsp;Tesla Inc.\nThe apex cryptocurrency,BItcoin, has a market capitalization of $1.2 trillion. BTC traded 5.33% higher at $63,860.05 at press time, while the runner’s up in terms of market cap, Ethereum (ETH) was up 9.35% at $2,370.58.\nBoth&nbsp;BTC and ETH touched all-time highs&nbsp;on Monday, and have continued to run up since.&nbsp;BTC touched its latest all-time high of $63,835.01 on Monday, while ETH charted another high around press time Tuesday of $2,355.79.\nWhy It Matters:The cryptocurrency market cap is swelling as the largest cryptocurrency exchange in the United States,Coinbase Global, Inc&nbsp;prepares to liston Wednesday.\nCoinbase has been assigned a reference price of $250 per share by Nasdaq, which values the exchange at 65.3 billion, a number lower than the $89.5 billion figure arrived at as a result of an earlie&nbsp;rprivate market auction.\nEven though BTC is hovering near all-time high levels, it is beginning to&nbsp;lose grip over the cryptocurrency market&nbsp;in terms of market cap dominance. ETH market dominance stood at 12.03% on Tuesday.\nOther cryptocurrencies, which are called altcoins, are also helping&nbsp;push up the worth&nbsp;of the global cryptocurrency pack.\nHowever, will the cryptocurrency market cap continue to exceed Apple’s in the medium term is questionable. Wedbush analyst Dan Ives believes Apple will hit a&nbsp;$3 trillion market cap by year-end.\nPrice Action:Apple shares closed nearly 2.4% higher at $134.43 on Tuesday in the regular session and fell nearly 0.2% in after-hours trading.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","AAPL":"苹果","PYPL":"PayPal","COIN":"Coinbase Global, Inc.","TSLA":"特斯拉","GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138981786","content_text":"The market capitalization of cryptocurrencies, as tracked by CoinMarketCap, has exceeded that of the world’s most valuable company Apple Inc.\nWhat Happened:The global cryptocurrency market cap stood at $2.243 trillion at press time, which is more than the iPhone maker’s $2.203 trillion valuation, as defined by its outstanding stock.\nApple is the world's most valuable publicly-listed company.\nCryptocurrencies have already eclipsed the second most valuable company by market cap,Microsoft Corporation is worth $1.95 trillion.\nTogether cryptocurrencies are also more valuable than Alphabet Inc,Amazon.com, Inc, and Tesla Inc.\nThe apex cryptocurrency,BItcoin, has a market capitalization of $1.2 trillion. BTC traded 5.33% higher at $63,860.05 at press time, while the runner’s up in terms of market cap, Ethereum (ETH) was up 9.35% at $2,370.58.\nBoth BTC and ETH touched all-time highs on Monday, and have continued to run up since. BTC touched its latest all-time high of $63,835.01 on Monday, while ETH charted another high around press time Tuesday of $2,355.79.\nWhy It Matters:The cryptocurrency market cap is swelling as the largest cryptocurrency exchange in the United States,Coinbase Global, Inc prepares to liston Wednesday.\nCoinbase has been assigned a reference price of $250 per share by Nasdaq, which values the exchange at 65.3 billion, a number lower than the $89.5 billion figure arrived at as a result of an earlie rprivate market auction.\nEven though BTC is hovering near all-time high levels, it is beginning to lose grip over the cryptocurrency market in terms of market cap dominance. ETH market dominance stood at 12.03% on Tuesday.\nOther cryptocurrencies, which are called altcoins, are also helping push up the worth of the global cryptocurrency pack.\nHowever, will the cryptocurrency market cap continue to exceed Apple’s in the medium term is questionable. Wedbush analyst Dan Ives believes Apple will hit a $3 trillion market cap by year-end.\nPrice Action:Apple shares closed nearly 2.4% higher at $134.43 on Tuesday in the regular session and fell nearly 0.2% in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/344374898"}