Bitcoin beats Mastercard by capitalization

Bitcoin approached the long-awaited $10,000, adding almost 19% to its price within the weekend. Bitcoin surpasses Mastercard by capitalization, and the total cryptocurrency market beat Visa by this criteria.

According to Coinmarketcap, the average bitcoin rate is $9,753.8, while its market capitalization has surpassed $163 billion. Bitcoin value is now bigger than Mastercard’s capitalization.

The Asian stocks lead the trading activity, with Japanese yen accounting for 65% of bitcoin trading in pairs with fiat currencies.

The interest of Asian investors is also confirmed by a significant premium of the bitcoin rate. If on US-based GDAX and Hong Kong-based Bitfinex bitcoin trades at $9600, then on South Korean Bithumb, Coinone and Korbit the bitcoin rate has surpassed $10,000…

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