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Is Bitcoin becoming the 'Google' of crypto as BTC market cap nears new milestone?

Published 04/17/2021, 02:23 PM
Updated 04/18/2021, 04:20 PM
Is Bitcoin becoming the 'Google' of crypto as BTC market cap nears new milestone?
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Holger Zschaepitz, a market analyst at Welt, emphasized that Bitcoin (BTC) is nearing the valuation of Google (NASDAQ:GOOGL), as it heads toward $1.5 trillion in market capitalization.

Currently, as of April 17, the market cap of Bitcoin is hovering at around $1.12 trillion as the entire valuation of the crypto market remains comfortably above $2 trillion.

Bitcoin vs. Google market cap. Source: Bloomberg, Holger Zschaepitz

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