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Bitcoin's Market Value Now Exceeds That of Facebook
Bitcoin is currently more valuable than all but six of the world's publicly traded companies.
Updated Sep 14, 2021, 10:53 a.m. Published Jan 8, 2021, 4:34 p.m.
The explosive surge in the rise of the price of bitcoin has propelled the market value of the leading cryptocurrency past that of social media giant Facebook.
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- With a market value at this writing of $761.5 billion, bitcoin is now more valuable than all but six publicly traded companies, sitting between Tesla at $805.3 billion and Facebook at $752.4 billion.
- After rising more than 300% in 2020, the price of bitcoin is still climbing at an astonishing rate, having gained more than 40% in the last eight days. Bitcoin is currently at $40,758.95, up about 4% in the last 24 hours. It closed 2020 at $29,111.63.
- During the past several days, bitcoin has also risen up the ranks of the world's most valuable currencies, overtaking the Russian ruble and the Thai baht, to sit just above the baht and below the Swiss franc.
- For one pair of identical twins at least, bitcoin's overtaking Facebook undoubtedly has a more personal significance: Cryptocurrency exchange Gemini co-founder and bitcoin billionaire Cameron Winklevoss, who unsuccessfully sued Facebook founder Mark Zuckerberg for allegedly having stolen the idea for the social networking site from him and his brother, surely felt good being able to tweet the following:
#Bitcoin has surpassed Facebook $FB in market cap. Makes sense that a money network would be more valuable than a social network. pic.twitter.com/XofI9W0Mce
— Cameron Winklevoss (@cameron) January 8, 2021
See also: Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Dogecoin, PEPE rocket as much as 25% as 2026 starts with a bang for memecoins
The broader meme coin market is heating up, with CoinGecko's GMCI Meme Index showing a market value of $33.8 billion and a trading volume of $5.9 billion.
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- Dogecoin and Pepe led a significant meme coin rally, with Dogecoin rising 11% and Pepe surging 17% in a single day.
- The broader meme coin market is heating up, with CoinGecko's GMCI Meme Index showing a market value of $33.8 billion and a trading volume of $5.9 billion.
- Traders are speculating on meme coins as a high-risk, high-reward opportunity amid uneven liquidity and a lack of clear macroeconomic catalysts.
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