One of the world's most famous news agencies, CNBC, has posted bitcoin information in its currency section. Users noticed that cryptocurrency took the place of the Canadian dollar (CAD).
Given that BTC's capitalization exceeds that of the Canadian dollar, this was probably not a big surprise. Do you think this can be regarded as an indirect sign of the emerging arrangement in relation to the world's largest cryptocurrency?
On the CNBC website, bitcoin is placed under the Forex tab, for residents of Europe it is adjacent to EUR / USD, GBP / USD, EUR / GBP and USD / CHF.
Perhaps this development can be considered expected: CNBC is releasing television programs such as the Squawk Box, which talk about bitcoin and other cryptocurrencies . Innovations suggest that BTC can no longer be ignored.
Obviously, the fact that cryptocurrency is currently the 11th largest in the world is also significant. In 2017, when cryptocurrency reached its all-time high, it was in 10th place in the world rating.
Bitcoin is now the 11th largest money in the world, and it obtained this with only a nine-page paper created anonymously fueled by a grassroots movement.
Millions of people have choosen a bank with no CEO, office or marketing department and it should absolutely blow your mind. pic.twitter.com/I8Mgv2fRjJ
– Rhythm (@Rhythmtrader) August 7, 2019
Thus, Bitcoin (BTC) with a market capitalization of $ 211 billion is ahead of the Canadian dollar with a market capitalization of about $ 95 billion (CAD).
High Bitcoin performance is supported by the fact that most other cryptocurrencies are either unusable or do not contain any innovative elements. It is for this reason that the funds from them flow into the main cryptocurrency.
Nevertheless, it’s nice to realize that a large number of people have trusted “a bank without a CEO, office or marketing department,” as crypto enthusiast Rhythm once put it.
Publication date 08/10/2019
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