Having briefly crosse the $18,000 threshold on Nov. 18, Bitcoin’s market cap surged above $336 billion, overtaking the market cap of Nvidia — one of the world’s most well-known manufacturers of graphics cards.
On Nov. 17, Nvidia’s shares closed at $330.7 billion. The close follows a significant decline from a $358.7 billion threshold recorded two weeks earlier.
Both Bitcoin and Nvidia have seen major growth this year. The former has surged nearly 400%, skyrocketing from below $4,000 in January to over $18,000 in November.
Meanwhile, Nvidia’s market cap has soared more than 100% this year, up from around $150 billion to over $350 billion.
Bitcoin and Nvidia have some close ties as the latter is providing one of the world’s best performing GPU cards for mining cryptocurrencies.
Founded in 2015, Coinchapter.com has become one of the leading resources for the crypto asset community. Created by a small group of cryptocurrency enthusiasts, Coinchapter.com was built to provide new members of the crypto asset community with unbiased listings of cryptocurrency exchanges and retail options that would allow them to buy the crypto assets that they wanted, how they wanted and at the price they wanted.