According to Odaily, Watcher.Guru has reported that the market value of Bitcoin has exceeded the combined market value of the world's top three banks. The market value of Bitcoin stands at 1.37 trillion USD, surpassing the combined value of JPMorgan Chase, Bank of America, and Industrial and Commercial Bank of China.
JPMorgan Chase has a market value of 574 billion USD, Bank of America's market value is 311 billion USD, and the Industrial and Commercial Bank of China is valued at 268 billion USD. This development underscores the growing influence and acceptance of Bitcoin in the global financial market.
The rise in Bitcoin's market value is indicative of the increasing interest and investment in cryptocurrencies. This trend is expected to continue as more institutions and individuals recognize the potential of digital currencies.