Crypto Market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта Hits $3.1 Trillion,
Set to Surpass
France• Франция’s
GDP
The crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта has surged to a staggering $3.1 trillion, nearly matching
France• Франция s GDP. On November 12, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin led the charge, jumping nearly 25%
in one week.
This makes the crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта the eighth-largest economy worldwide, behind the
economic powerhouses of the US, China, and Germany• Германия.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s Central Role in the Crypto Surge
If cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта were a country, their combined value would make them
larger than most nations. When compared to the GDP of individual nations, the
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market performs remarkably well.
Sponsored
Sponsored
According to the International Monetary Fund• Объект организация » Организации по алфавиту » Организации на Ме » Международный валютный фонд (МВФ), it would rank inside the top
ten, positioned between France ($3.17 trillion) and Italy ($2.38 trillion).
Leading the way in the top three are the United States• Соединённые Штаты Америки (США) ($29.17 trillion),
China ($18.27 trillion) and Germany• Германия ($4.71 trillion), respectively.
The best way to understand the significance of a figure like $3.1 trillion is
to compare it to the value of other industries, assets, and investments. Take,
for example, precious metals such as gold . Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin, the most valuable
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, has been dubbed digital gold. Top Assets by
Market Cap. Source: CompaniesMarketCap.com
Currently, physical gold has a market capitalization of $17.5 trillion, which
is nearly six times larger than the entire crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта and 10 times greater
than Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s market cap of $1.72 trillion. This is only natural, considering
gold’s long history and wide range of uses. In the case of silver, the crypto
market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта is almost double the size of the global silver market, which now stands
at $1.71 trillion.
We are in the digital gold rush. It started in January 2024 and will run til
2034. 100k by New Year’s 300k in 2025. 10 million minimum by 2035. YOU ARE NOT
BULLISH ENOUGH, said one enthusiast on X.
The crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта cap has surpassed Microsoft’s valuation and is closing in on
companies like Nvidia and Apple. With Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin nearing $90,000, analysts are
split on whether Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin can maintain its dominance or if altcoins will rise
to the occasion. Despite the uncertainty, the current market trends point to
continued growth, making the competition within the crypto space more intense.
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