Bitcoin is the fastest asset to hit 1 trillion marketcap

[ene1980]

That is a fabulous achievement for BTC，as we can be seen from the figure, Microsoft, Apple, Amazon and Google have only stepped into the 1 trillion marketcap in recent years，just a  few years before BTC.
So can we conclude that there will be more and more newbie entrants 1 trillion marketcap soon，such as ETH？

The multi corporate you mentioned are services that can only be valued if they are providing the service they offer and the amount of profit they make selling their products and you really cannot compare cryptocurrency market to the stock market as both are entirely different in terms of how we evaluate the market and hence it is not even a fair comparison in my opinion.

 

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[AndySt]

The pandemic also helped the cause of crypto actually so that was one reason why suddenly everyone was talking about crypto. The growth we might have seen in the next 1-2 years has already been achieved.
Wish there are more ways of spending crypto because right now it has become an asset that can be exchanged but to spend crypto you actually have to convert it into fiat or online payments.

The main reason for the current surge in value growth is the pandemic and the turning on of the printing press by central banks at full capacity. Everything else is also directly or indirectly related to the government's economic incentives to overcome the pandemic. I would not be so categorical that all the potential growth has already been achieved and then we will only see a price drop or stagnation. The current strong correction after the insane growth of bitcoin seems to leave a reserve for the subsequent growth of the exchange rate price by the end of the year, provided that the price dynamics stabilize in the coming months.

[Renampun]

That is a fabulous achievement for BTC，as we can be seen from the figure, Microsoft, Apple, Amazon and Google have only stepped into the 1 trillion marketcap in recent years，just a  few years before BTC.
So can we conclude that there will be more and more newbie entrants 1 trillion marketcap soon，such as ETH？

maybe, if the price of Bitcoin continues to rise to $ 200k or more, then maybe eth will follow too & touch a $ 1T marketcap...

the crypto market continues to experience volatility and for sure this will continue to happen at any time but we must be sure that every year there will continue to be investors who join the market and make the crypto market capitalization continue to be large.