Bitcoin records 75% higher daily trading volume than Apple
Bitcoin (BTC) is concluding the year positively, overcoming the earlier suppression of the maiden cryptocurrency’s valuation due to wider economic conditions, such as rising interest rates. The notable uptick in the flagship digital asset’s performance becomes evident when comparing Bitcoin against traditional investments, notably the tech giant Apple (NASDAQ: AAPL), particularly in daily trading volume. In this line, according to data acquired by Finbold, from November 20, 2023, to December 20, 2023, Bitcoin recorded an average daily trading volume of $22.52 billion, while Apple stood at least two times lower at $10.14 billion, marking a percentage difference of 75.71%. The variance between the two asset classes is more evident when comparing their market capitalization. As of December 20, Apple commanded a market cap of $3.03 trillion, at least three times higher than that of Bitcoin, standing at $850 million. How Bitcoin dwarfed Apple in trading volume It’s worth...