After an unusually unstable (even for Bitcoin) beginning of the year, cryptocurrency is growing again, Bitcoin overcame $ 10,000. As of February 16, 2018, the crypto market had a market capitalization of $ 470 billion. The USA is larger than the size of the largest bank in the United States, JPMorgan Chase.
Bitcoin's market capitalization is comparable to the Bank of China. The second largest cryptocurrency by market capitalization, Ethereum, is comparable in size to Morgan Stanley. Statistics like this scare the global banking sector, which is concerned that cryptocurrencies are on the way to have a major impact on their operations.