Bitcoin has nearly passed the market cap of PayPal for the first time, the latest statistics from the industry confirm.
In what Colu’s Udi Wertheimer called the “real Flippening,” Bitcoin’s market cap at press time was almost $68 bln, compared to PayPal’s $70 bln.
The symbolic reversal of values would continue Bitcoin’s further unprecedented growth in August following the lock-in of SegWit.
Sunday saw an all-time high set again of around $4192, which attracted continued attention from mainstream media sources.
Full story at http://bit.ly/2hXpJLL
Source: CoinTelegraph
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