14:13Bitcoin’s April trading volume 7x higher than Apple’s despite twice-lower market cap
Despite commanding a market capitalization of over $2 trillion, Apple (NASDAQ: AAPL) trails bitcoin in trading volume highlighting the impact of the asset’s current sustained rally. The comparison shows how bitcoin is performing compared to Apple, the biggest company in the world by market capitalization.
Data acquired and calculated by Finbold indicates that bitcoin’s trading volume of $1.84 trillion in April 2021 is at least 7.4 times higher compared to Apple’s $249.22 billion. Bitcoin’s highest trading volume was $86.67 billion on April 23, while Apple’s was on April 29 at $20.17 billion.
Elsewhere, Apple also lags behind bitcoin in the 30-day average trading volume by at least 5.1 times less. Bitcoin trading volume was at $61.48 billion for the monthly average, while Apple stood at $11.87 billion. Data on bitcoin’s trading volume correlates with the dates when the Apple stock was trading.
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