Bitcoin is now worth more than Visa and Mastercard all together

Bitcoin (BTC) did more than hit $60,000 per coin last week — it also became worth more than the world’s three biggest banks combined.

According to publicly available data, the largest cryptocurrency surpassed the three highest-valued global banking giants by market capItalization.

At its all-time highs of $61,700, Bitcoin’s market cap was roughly $1.15 trillion. The combined market cap of JPMorgan Chase, Bank of America, and the Industrial and Commercial Bank of China is $1.08 trillion.

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