{"id":364137,"date":"2021-11-08T23:00:00","date_gmt":"2021-11-08T20:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-flippens-tesla-and-facebook-will-amazon-be-next\/"},"modified":"2021-11-08T23:00:00","modified_gmt":"2021-11-08T20:00:00","slug":"bitcoin-flippens-tesla-and-facebook-will-amazon-be-next","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-flippens-tesla-and-facebook-will-amazon-be-next\/","title":{"rendered":"# Bitcoin flippens Tesla and Facebook \u2014 will Amazon be next?"},"content":{"rendered":"<p>&#8220;<strong># Bitcoin flippens Tesla and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> \u2014 will Amazon be next? <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvOGJmNmY2YWYtYjFhMi00YmVlLWFmM2YtMzg3MGJhYWViY2VkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>After rising above $66,000 today and reaching a market capitalization of more than $1.2 trillion, Bitcoin has surpassed the total market cap of both car manufacturer Tesla and social media giant Facebook.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/assetdash.com\/\">According<\/a> to data from AssetDash, Bitcoin (BTC) is now the sixth most valuable asset by market capitalization among major companies, behind Microsoft, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le, Google&#8217;s parent company Alphabet, Saudi Aramco, and Amazon. The crypto asset passed Tesla\u2019s and Facebook\u2019s market caps of $1.19 trillion and $975 billion, respectively, as its price hovers close to $66,000 and within striking distance of its all-time high of $67,000.<\/p>\n<p>The recent price rise puts Bitcoin\u2019s market cap within $600 billion of Amazon. Tesla CEO Elon Musk\u2019s recent announcement that he planned to sell 10% of his Tesla holdings could have contributed to the BTC volatility over the weekend when the crypto asset rose more than 4% from $62,941 to $65,512 in less than two hours.<\/p>\n<p>Bitcoin\u2019s market cap was already worth more than the total value of many fiat currencies. In February, the crypto asset flippened the Russian ruble, likely in response to Tesla announcing it had purchased an aggregate of $1.5 billion in BTC. Bitcoin\u2019s market cap also briefly flippened the Swiss franc in October.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>The great crypto flippening: Can Ethereum overtake Bitcoin?<\/em><\/strong><\/p>\n<p>The price of Ether (ETH) also rallied to rise above $4,700 for the first time in the token\u2019s history, with a market capitalization of more than $565 billion \u2014 more than $400 billion ahead of the third-ranked cryptocurrency Binance Coin (BNB). The gains from the two assets have helped the total crypto market cap rise to more than $3 trillion.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-flippens-tesla-and-facebook-will-amazon-be-next\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin flippens Tesla and Facebook \u2014 will Amazon be next? &#8221; After rising above $66,000 today and reaching a market capitalization of more than $1.2 trillion, Bitcoin has surpassed the total market cap of both car manufacturer Tesla and social media giant Facebook. According to data from AssetDash, Bitcoin (BTC) is now the sixth&#8230;<\/p>\n","protected":false},"author":1,"featured_media":364138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvOGJmNmY2YWYtYjFhMi00YmVlLWFmM2YtMzg3MGJhYWViY2VkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,75679,117,4974,36402],"class_list":["post-364137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-market-capitalization","tag-business","tag-facebook","tag-tesla"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/364137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=364137"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/364137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/364138"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=364137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=364137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=364137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}