Bitcoin Vs Banks: The Crypto Currency King Strikes Again!
We all know that Bitcoin is the leading crypto currency in the world, but few know just how powerful it really is. Did you know that in terms of market capitalization, Bitcoin is now stronger than some of the biggest banking giants in the world? That’s right, it’s actually beating out some of the biggest banking entities around. Let’s take a look at how empowering crypto really is compared to old-school banking!
Dethroning Banks With Massive Market Caps
Crypto is definitely the new king of market capitalization, and Bitcoin is the royal leader. At the time of this writing, the mighty Bitcoin had a market capitalization of over $141 billion. That places it ahead of some major banking giants, including,
- Mitsubishi UFJ Financial Group with a market cap of $117 billion.
- JPMorgan Chase & Co. with a market cap of $369 billion.
- HSBC Holdings PLC with a market cap of $202 billion.
That’s right, this mighty crypto currency has unseated some of the biggest banking forces around, and it looks like it’s not going to relinquish its position any time soon.
The Future of Banking and Crypto
It’s clear that crypto is the present and future of finance. It’s here to stay and will continue to challenge the old guard of banking domination. The question remains, how will the two sides interact? Will banking entities embrace crypto? One thing’s for sure, it’s going to be an interesting future and Bitcoin definitely has the upper hand right now.
Crypto is no joke and it’s not something to be taken lightly either. Bitcoin has already pushed some major banking powers out of the seat of power, and it looks like it’s only going to get more powerful as time passes. Will the banks be able to stay afloat or is crypto here to stay? We’ll just have to wait and see!
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