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At its current price, Bitcoin is only $42 Billion Dollars from overtaking Silver's market cap

All Cryptocurrencies

by COINS NEWS 193 Views

The total market cap of silver is around $1.336 Trillion dollars

Bitcoin is sitting around $916 Billion (depending on the exchange).

If Bitcoin alone can gain $420 Billion in market cap, it will be overall more valuable than all the silver known to mankind (on earth).

How insane is it that the original cryptocurrency is almost guaranteed to overtake silver in total market cap and almost certainly hold its value even better.

Right now Gold is around $11 Trillion in market cap. How long will a deflationary asset like Bitcoin or Ethereum take to eventually supersede the market cap of ALL Rare earth metals?

Only time will tell. And time seems like it's benefitting the crypto space quite nicely.

EDIT: $420 Billion Since my greasy pizza fingers forgot to slap an extra zero

submitted by /u/shlammyjohnson
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