The recent so-called cryptocurrency bloodshed, that has occurred right after bitcoin’s scaling agreement, seems to have put a lot of people down, even though a lot believe we aren’t witnessing a crash but merely trading cashing in on their profit.
A clever redditor has decided to brighten up the crypto community’s day by pointing out a fact: bitcoin is now bigger than Deutsche Bank by market cap.
This is impressive, as Deutsche Bank as founded back in 1870 – making it 147 years old – and bitcoin isn’t even one decade old. Deutsche Bank operates in over 70 countries, and has over 100,000 employees.
Both have been on a downtrend, as bitcoin recently fell nearly 12%, while Deutsche bank is currently under fire for its alleged role in the collusion between the U.S. President Donald Trump and Russia.
Ethereum, the (again) second biggest cryptocurrency, is currently at a $15 billion market cap, as one ether is currently worth $172.89. Right now, bitcoins market cap is of $37 billion, and one bitcoin is now worth $2,287.46, according to CoinMarketCap.