Bitcoin Will Soon Beat The PayPal Market Cap, Approach $ 70 Billion

Bitcoin has almost passed the PayPal market limits for the first time, the latest statistics from the industry confirm.

In what Colu's Udi Wertheimer calls the "real Flippening," Bitcoin market caps at press time is almost $ 68 bln, compared to $ 70 Billion PayPal.
https://twitter.com/udiWertheimer
Symbolic value reversals will resume unexpected Bitcoin growth in August following the locking of SegWit.

Sunday sees as high as all time again about $ 4192, which draws continuous attention from mainstream media sources.

Not just technological advances, but bullish sentiment on Bitcoin's business side could trigger positive demand feedback, Bloomberg added. Bitcoin that earns $ 4 billion is currently the most popular publicity story.

"People are starting to raise prices in consumer demand from a $ 100 million fundraiser at Coinbase," Bloomberg quoted Justin Short, founder of NOUS trading platform.

"That's a lot of advertising budgets.Any $ 1 million of marketing brings new demand, which increases prices because supply is limited by design."

Coinbase has announced the closing of the $ 100 million Series D Series at the end of last week, and has previously reaffirmed its long-term plans to increase its capacity when it says it aims to raise the $ 1 billion total in the future.

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