Article from CNBC by Arjun Kharpal.

Bitcoin’s market capitalization has surpassed major stocks such as Goldman Sachs and Morgan Stanley, after the cryptocurrency hit an all-time high on Friday.

The virtual currency hit a record high of $5,856.10 in the early hours of Friday morning, according to data from industry website CoinDesk. Its market capitalization, which is the total value of all the bitcoin in circulation, reached $96.7 billion, according to

Of course, bitcoin is not a stock. But if it were, its market cap would surpass that of some big companies, including the following:

Read the entire article at CNBC.

Image Credit: By Web-dev-chris (Own work) [CC0], via Wikimedia Commons