In the country, many people believe that Bitcoin is a scam, but its total market capitalization has reached $2.115 trillion, ranking sixth among global assets. This market cap has already surpassed the combined total of China's five major state-owned banks: Industrial and Commercial Bank of China $319.4 billion, Agricultural Bank of China about $200 billion, Bank of China $221.6 billion, China Construction Bank $212.2 billion, totaling approximately $953.2 billion. It is worth noting that Bitcoin's market cap was achieved without any liquidity restrictions and free from trading limitations, while the market cap of China's five major banks was reached through liquidity restrictions on stocks and the freezing of shares, which makes Bitcoin's market cap appear more solid and reliable.

Moreover, the top five global market capitalizations are:

1. Gold ($22 trillion)

2. Microsoft ($3.4 trillion)

3. Nvidia ($3.2 trillion)

4. Apple ($3.08 trillion)

5. Amazon ($2.16 trillion).

Ethereum, the second-ranked cryptocurrency in the crypto space, has a market cap of $307.5 billion, ranking 34th among global assets, surpassing Alibaba ($298.4 billion) and Kweichow Moutai ($275.5 billion).

49052796930