While the crypto ecosystem has seen tremendous growth over the past decade, the asset class still holds a very small amount of value compared to mainstream markets, especially when pitted against giants like Apple.
AAPL – Apple stock holds a staggering $2 trillion market capitalization, dwarfing all the speculative capital held within the whole crypto space, which, at the reporting time, totaling a mere $342.8 Bln consistent with CoinMarketCap.
The crypto ecosystem has grown from simply an idea in 2008, with the inception of Bitcoin’s technical paper, to hosting billions of invested dollars. Bitcoin [BTC] itself went from less than $1 USD per coin, from all times high from $20k, carrying a reporting time market capitalization of roughly $194 Bln.
The entire industry, however, still sits at a fraction of the dimensions of Apple’s total combined stock shares; the market capitalization of the Blockchain ecosystem as an entire could triple and still not reach Apple’s market valuation.
The tech company, known for pushing the smartphone revolution, presently holds the leading market capitalization on the Unites States stock exchange, based on the data from TradingView. “It’s the primary publicly traded United States firm to touch in a $2 trillion market capitalization.” CNBC’s recent report.
At the reporting time, Bitcoin [BTC] itself has reached parity with the net worth of Jeff Bezos.