Bitcoin Is Now Bigger Than Morgan Stanley

Friday, October 13, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
Oct 13, 2017

On the back of (unconfirmed) rumors suggesting China may back down from its harsh stance of ICOs and crypto exchanges following this week’s National Congress, the price of Bitcoin soared overnight, testing near $5900 before falling back a little this morning.

That has pushed Bitcoin’s market cap above $90 billion for the first time, surpassing PayPal, Netflix, and Morgan Stanley…

Goldman Sachs’ market cap is looming ($96bn) but JP Morgan’s $337 billion market cap is a long way off for now.

The Rest…HERE

Leave a Reply

Join the Revolution - Enter Any Donation Amount Below to Revolution Radio!