Bitcoin has maintained its phenomenal rise and has already exceeded the threshold of $ 18,000 per chip the market capitalization of the main virtual currency (cap) also reached a new record of the market capitalization is currently set at $ 254.74 billion
. tweet, Charlie Bilello, Director of Research at Pension Partners, said the Bitcoin cap has already exceeded that of Visa. Visa is currently the largest electronic payment processor in the world with a business turnover of $ 8.9 million and 141 billion transactions a year.
The market capitalization of Bitcoin just passed Visa
The largest electronic payment processor in the world
$ 8.9 trillion in 141 billion transactions per year
Over 160 currencies and more than 200 countries $ BTC.X $ V pic.twitter.com/BlRvSZwzDE
– Charlie Bilello (@charliebilello) 7 December 2017
Continued growth and adoption of Bitcoin
With its phenomenal rise continuing over the past few days, a growing number of people are paying increased attention to Bitcoin. Due to its ever-changing price increases, it has already become difficult to continue to monitor the price of cryptocurrency. It seems that in a fraction of a second, the price is shattered to take another important step to show a new record.
The majority of industry players agree that the upward trajectory of Bitcoin's price will continue
Due to the phenomenal growth of Bitcoin, the main players in the Financial industry are slowly turning to virtual currency to benefit from its popularity. Among the players are the Chicago Board Options Exchange (CBOE) and the CME group, who have already announced that they would separately launch Bitcoin futures products in the coming weeks. These moves should propel the price of Bitcoin to new records.