Apple’s stock market reveals how tiny crypto is. Apple stock (AAPL) has a whopping market cap of $2 trillion, dwarfing all of the speculative capital invested in the entire crypto sector, which, according to CoinMarketCap, amounts to a mere $342.8 billion at press time.
The crypto industry evolved from just an idea in 2008, with the launch of Bitcoin’s white paper, to hosting billions of dollars invested. Bitcoin itself went from less than $1 per coin, all the way up to $20,000 at its all-time peak, bearing around $194 billion in press time market value.
However, the entire industry, still sits at a fraction of the size of Apple’s total combined stock shares. In fact, the market cap of the blockchain industry as a whole could triple and still not reach Apple’s market valuation.
Apply currently holds the biggest market cap on the U.S. stock market, based on data from TradingView. “It’s the first publicly traded U.S. company to reach a $2 trillion market cap,” CNBC said of Apple in an Aug. 19 brief.
Bitcoin itself has, as of press time, achieved parity with Jeff Bezos‘ net worth. In recent months the two asset stores have duked it out in terms of the total value of the U.S. dollar.
[image: Zhang Kaiyv]