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October 14, 2017, 02:01:02 PM |
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Bitcoin sphere of influence now carries weight on the Stock Market as well specially NVidia and AMD. Those 2 manufacturing giants stock price rose due to their product being used to mined crypto-currency. So almost simultaneously the two market rose. This is really a milestones for both market and I think this is the first time we have seen this. Also Ethereum rising to $340 today was also remarkable.
Worth to mention though that bitcoin's marketcap is now bigger than Goldman Sachs, Morgan Stanley, Bayer and even Nike. What more can we ask? The exponential growth this year alone says a lot about bitcoin as the #1 trading instrument that nobody would thought so in the beginning of 2017. Really impressive and extra ordinary run so far.
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