The Total Value Of Bitcoin Is Worth More Than Disney Or McDonald’s
As Challenges recalls, a Bitcoin was worth “only” $ 5000 mid-October and started the year 2017 at around $ 1000 for a unit. In just two weeks, the price of Bitcoin has risen by 45%. This impressive rise nevertheless worries many financial analysts, who fear that a speculative bubble will explode. With a value of a few cents when it was created, Bitcoin is now conquering the financial markets.
With 16.7 million units in circulation on the web, a unit currently worth $ 9849, the total value of Bitcoin today reaches 160 billion dollars. The market capitalization of the currency is now higher than those of some large global corporations such as Disney, McDonald’s or IBM. While all analysts scrutinize the course of Bitcoin to know if the value of a unit of the currency will cross the symbolic bar of $ 10,000, the rise of the virtual currency created in 2008 continues to surprise.
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