{"id":554061,"date":"2023-02-20T04:08:10","date_gmt":"2023-02-20T01:08:10","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-market-cap-flips-payments-giant-visa-for-the-3rd-time\/"},"modified":"2023-02-20T04:08:10","modified_gmt":"2023-02-20T01:08:10","slug":"bitcoin-market-cap-flips-payments-giant-visa-for-the-3rd-time","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-market-cap-flips-payments-giant-visa-for-the-3rd-time\/","title":{"rendered":"# Bitcoin market cap &#8216;flips&#8217; payments giant Visa for the 3rd time"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a32566d2f0e2\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a32566d2f0e2\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-market-cap-flips-payments-giant-visa-for-the-3rd-time\/#%E2%80%9D_Bitcoin_market_cap_%E2%80%98flips_payments_giant_Visa_for_the_3rd_time_%E2%80%9C\" >&#8221; Bitcoin market cap &#8216;flips&#8217; payments giant Visa for the 3rd time &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Bitcoin_market_cap_%E2%80%98flips_payments_giant_Visa_for_the_3rd_time_%E2%80%9C\"><\/span>&#8221; Bitcoin market cap &#8216;flips&#8217; payments giant Visa for the 3rd time &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-48054ca8>A 48% Bitcoin\u00a0(BTC) price surge since the start of the year has pushed BTC&#8217;s market cap past that of payment processing giant Visa once again.<\/p>\n<p>With the BTC price currently at $24,365, its market cap of $470.16 billion is now marginally above that of Visa with a market cap of $469.87 billion, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/largest-companies\/\">according<\/a> to CoinMarketCap. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/aa8a5025-855e-4e20-95e2-5a4bcceb91fd.jpg\"><figcaption style=\"text-align: center;\"><em>BTC has \u201cflippened\u201d Visa again. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/largest-companies\/\"><em>CoinMarketCap.<\/em><\/a><\/figcaption><\/figure>\n<p>This is the third time that BTC has &#8220;flippened&#8221; the market cap of Visa,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/companiesmarketcap.com\/visa\/marketcap\/\">according<\/a> to Companies Market Cap.<\/p>\n<p>The first time came in late December 2020 when BTC also h<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>ened to hit $25,000 for the first time. This was achieved during a price surge that saw BTC rally from $10,200 in September 2020 to $63,170 seven months later in April 2021.<\/p>\n<p>Visa re-took the lead between June and October 2022, which then saw BTC surpass Visa for a very brief moment on Oct. 1 before the payments company re-captured the lead again.<\/p>\n<p>This lead was widened when the collapse of cryptocurrency exchange FTX shaved off over $100 billion from the BTC in four days between Nov. 6-10, 2022.<\/p>\n<p>However, since then, BTC has fully recovered and stacked an additional $65 billion on top of its Nov. 6 market cap of $408 billion to overtake the payment processing giant.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> market cap is now worth more than Visa \u203c\ufe0f<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw\">#CryptoNews<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/cryptocurrecy?src=hash&amp;ref_src=twsrc%5Etfw\">#cryptocurrecy<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/cryptomarket?src=hash&amp;ref_src=twsrc%5Etfw\">#cryptomarket<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/rZrLufkwLj\">pic.twitter.com\/rZrLufkwLj<\/a><\/p>\n<p>\u2014 Ajay (everything hindi) (@EverythingAjay) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/EverythingAjay\/status\/1627386676128653312?ref_src=twsrc%5Etfw\">February 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It should be worth noting that given the small difference in market cap between BTC and Visa, the two are currently flipping each other by the hour.\u00a0<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>What is the Lightning Network in Bitcoin, and how does it work?<\/em><\/strong><\/p>\n<p>As for BTC\u2019s impressive start to 2023, its third \u201cflippening\u201d of Visa came on the back of 14 consecutive days of price increases between Jan. 4-17.<\/p>\n<p>BTC is also well ahead of the second largest payment processing network Mastercard, which currently has a market cap of $345.24 billion, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.google.com\/finance\/quote\/MA:NYSE?sa=X&amp;ved=2ahUKEwj8ydPP4aL9AhUf1TgGHZI6D8QQ3ecFegQIJxAh\">according<\/a> to Google Finance. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> Strategy is the Winning Strategy. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/AR9R1Dxj5G\">pic.twitter.com\/AR9R1Dxj5G<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/saylor\/status\/1626696422073552903?ref_src=twsrc%5Etfw\">February 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>BTC is still however down 63% from its all-time-high price of $69,044, which was reached on Nov. 10, 2021.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/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-market-cap-flips-payments-giant-visa-for-the-3rd-time\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Bitcoin market cap &#8216;flips&#8217; payments giant Visa for the 3rd time &#8220; A 48% Bitcoin\u00a0(BTC) price surge since the start of the year has pushed BTC&#8217;s market cap past that of payment processing giant Visa once again. With the BTC price currently at $24,365, its market cap of $470.16 billion is now marginally above&#8230;<\/p>\n","protected":false},"author":1,"featured_media":554062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/ebc776ae-0a8f-46c1-a011-4d819b2bc918.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,74983,75029,75679,77423,74889,77456,74355,117],"class_list":["post-554061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-decentralization","tag-lightning-network","tag-market-capitalization","tag-mastercard","tag-payments","tag-visa","tag-adoption","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/554061","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=554061"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/554061\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/554062"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=554061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=554061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=554061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}