The market capitalization of Bitcoin $BTC reached $2.4 trillion. This figure exceeded the GDP of countries like Canada ($2.2 trillion) and Brazil ($2.1 trillion). The total value of the entire cryptocurrency market is estimated at $3.8 trillion, comparable to the GDP of the United Kingdom.
The growth allowed the first cryptocurrency to surpass the market capitalization of tech giant Amazon ($2.3 trillion) and silver ($2.2 trillion).
This event triggered a reaction in the financial community. Gold supporter Peter Schiff on his X urged investors to seize the moment:
Among the billionaires of the world, Bitcoin by market capitalization surpasses the wealth of Elon Musk ($404 billion), Larry Ellison ($274 billion), and Mark Zuckerberg ($247 billion) combined.
The largest holder of Bitcoin remains its creator Satoshi Nakamoto with 1.096 million BTC worth $134.3 billion. This makes him one of the richest people on the planet.