Crypto Market Cap Reaches All-Time High of $3.12 Trillion, Nears France's GDP
The total market capitalization of the cryptocurrency market has hit a new record high of $3.12 trillion, which is close to surpassing France's GDP. This surge was mainly due to a sudden increase in Bitcoin, which rose to $89,500. If the cryptocurrency market were a country, it would be the eighth largest in terms of GDP, behind the United States, China, Germany, Japan, India, the United Kingdom, and France. Markus Thielen, founder of 10x Research, expects Bitcoin's dominance to remain strong as the crypto market cap moves towards $4 trillion, with Bitcoin expected to reach $100,000 before the end of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is Arizona Set to Pioneer a Crypto Reserve in the U.S?
Arizona's Bitcoin Reserve Bills: A Potential Game-Changer for Digital Asset Adoption, Despite Governor's Uncertain Veto Power

Netflix’s The Seven Deadly Sins NFT Collection Launches in Partnership With Sony
BTCC Exchange Enhances VIP Program to Empower High-Volume Traders Worldwide
New Meme Coins Emerge and Lightchain AI Paves the Way
Trending news
MoreCrypto prices
More








