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Bubble or a drop in the ocean? Putting Bitcoin's $1 trillion milestone into perspective

Published 04/03/2021, 02:30 AM
Updated 04/03/2021, 04:00 AM
Bubble or a drop in the ocean? Putting Bitcoin's $1 trillion milestone into perspective

On Feb. 19, Bitcoin's (BTC) market capitalization surpassed $1 trillion for the first time. While this was an exciting moment for investors, it also concerned investors that the asset is in a bubble.

Although a handful of listed companies ever achieved this feat, unlike gold, silver, and Bitcoin, stocks potentially generate earnings, which in turn can be used for buybacks, dividends, or developing additional sources of revenue.

World’s 20 most profitable companies. Source: fortune.com
Global real estate markets. Source: visualcapitalist.com

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Latest comments

Buy btt
BTT is a scam like the rest of altcoins. You dont need to pay to download torrents, fools.
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