Bitcoin (BTC) Overtakes Tesla Market Cap

Bitcoin (BTC) Overtakes Tesla Market Cap

After Tesla’s $1.5 billion Bitcoin (BTC) purchase announcement yesterday the overall market cap of the leading digital asset has now overtaken the electric car giant’s.

After news leaked of the $1.5 billion acquisition, Bitcoin rocketed from $39,397 to a new all-time high of $47,725.

The Bitcoin market cap rose a staggering 17.85% taking it from $733.5 billion to $888.9 billion, ironically helping it overtake Tesla into 7th place, whose market cap rose slightly to $818 billion.

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