Cryptocurrency market capitalization reaches a peak of 3.8 trillion USD: Power on par with major economies!
The cryptocurrency market is witnessing an impressive historical milestone as the total market capitalization has reached an all-time high of 3.8 trillion USD. This figure is nearly comparable to the GDP of the United Kingdom, demonstrating the growing scale and influence of #crypto on the global economic map.
Crypto rises to 7th place in the world by "GDP"
If we consider the cryptocurrency market as a country, with its market capitalization as "GDP", it would naturally rank 7th in the world, just behind economic powerhouses like the United States, China, Germany, Japan, India, and the United Kingdom. This reaffirms the growing strength and continuous potential of this nascent industry.
This remarkable growth is primarily due to $BTC , the leading cryptocurrency, with an impressive market capitalization of over 2.4 trillion USD. The value of Bitcoin alone has surpassed that of #GDP of Canada, showcasing its leading role and enduring appeal. This is an extremely positive signal, indicating widespread acceptance and explosive growth potential for the cryptocurrency market in the future.