[ad_1] <br><div> <p>Regardless of a turbulent week for crypto following the downfall of Silicon Valley Financial institution (SVB) and Signature Financial institution, Bitcoin’s (BTC) market cap has managed to flip that of tech big Meta.</p><p>On the time of writing, information from Corporations Market Cap exhibits Bitcoin’s market cap has reached $471.86 billion, surpassing Meta’s $469 billion.</p><p>Corporations Market Cap gives real-time monitoring and rating of market caps for cryptocurrencies, public firms, treasured metals and exchange-traded funds.</p><figure><amp-img src="https://s3.cointelegraph.com/uploads/2023-03/f468ad1e-ecb3-4dd5-966a-b6d5aab9abb6.png" alt="" title="" width="4" height="3" layout="responsive"/><figcaption class="inline-style-0"><em>Bitcoin’s market cap standing in comparison with different belongings. Supply: Corporations Market Cap</em></figcaption></figure><p>Solely 24 hours earlier, BTC’s market cap was practically $37 billion beneath Meta’s, sitting at $433.49 billion.</p><p>Nevertheless, Bitcoin’s market cap rose 9.7% previously 24 hours, pushing the cryptocurrency to sit down within the eleventh spot amongst prime belongings by market cap, slightly below electrical car maker Tesla.</p><p>On Feb. 20, Cointelegraph reported that BTC had flipped the market cap of fee processing big Visa for the third time in historical past, placing it simply forward of the funds firm. </p><p><strong><em>Associated: </em></strong><strong><em>Bitcoin on-chain information highlights key similarities between the 2019 and 2023 BTC value rally</em></strong></p><p>The hole between the 2 market caps is now greater than $20 billion, although it nonetheless is kind of a distance from gold, which sits in first place with a $12.59 trillion market cap, adopted by Apple in second place with a $2.380 trillion market cap.</p><p>BTC’s value has risen 8.72% previously 24 hours, sitting at $24,441.</p> </div> <br>[ad_2] <br><a href="https://cointelegraph.com/news/bitcoin-market-cap-flips-tech-giant-meta-widens-gap-on-visa/amp">Source link </a>