Home coin news Bitcoin Market Value Beats Netflix, Morgan Stanley and Goldman Sachs

Bitcoin Market Value Beats Netflix, Morgan Stanley and Goldman Sachs


The leading cryptocurrency won’t just stop in its growth. It seems there is no stopping bitcoin now as it’s market value now competes and beats that of top financial companies.
 Read Also: Bitcoin Values at $6,000 and Bitcoin Capitalization Crosses $93billion

According to an article MMM Digest, in the section MMM and cryptocurrency, the platform note that, Bitcoin capitalization has surpassed the market value of multiple big companies and financial holding companies.

According to the stats that appeared in MMM Digest, the popular entertainment company NETFLIX capitalization is $84. 5billion. While Morgan Stanley a leading global financial services firm providing investment banking, securities, wealth management and investment management services it’s capitalization is $89.1billion.

Read Also: Bitcoin Now Worth More Than Gold

The article further said that Goldman Sachs Group, Inc.  an American multinational finance company that engages in global investment banking, investment management, securities, and other financial services capitalization is $92.9billion.

While bitcoin capitalization is somewhere passed $93billion. This shows that the likes of NETFLIX are trailing behind the world leading cryptocurrency in terms of capitalization.

In conclusion, the article further explained that, the total market value of bitcoin could send it to 15th position in Nasdaq list and 58th position in the NYSE listing.

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