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BTC $77,102.92 -1.57%
ETH $2,459.17 -0.75%
BNB $715.99 -0.88%
XRP $1.35 -3.10%
SOL $99.69 -2.23%
TRX $0.3389 -0.40%
DOGE $0.0839 -2.18%
ADA $0.2099 -1.61%
BCH $228.00 -9.22%
LINK $11.51 -2.53%
HYPE $79.38 -5.80%
AAVE $122.55 -2.13%
SUI $0.7408 -3.73%
XLM $0.1762 -2.05%
ZEC $1,083.04 -13.26%

Data: Nvidia's market value once exceeded $2.5 trillion, twice that of Bitcoin's market value

2024-05-23 12:11:53

ChainCatcher news, after Nvidia's Q1 earnings announcement, NVDA's stock price soared to an all-time high of just over $1,000 in after-hours trading on May 22, bringing its market capitalization to over $2.5 trillion, surpassing the combined market values of Tesla and Amazon, which are approximately twice that of Bitcoin and more than five times that of Ethereum.

Five years ago, Nvidia's market capitalization was only $100 billion, but it has now become the third-largest publicly traded company in the world, just 17% away from surpassing Apple.

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