Bitcoin is the 10th largest currency in the world

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Bitcoin is the 10th largest currency in the world

Bit has surpassed the historic milestone of $100,000, with a market capitalization exceeding the record of $2 trillion.

This increase has been driven by the optimism of investors around the pro-cryptocurrency stance of President-elect Donald Trump.

Notably, the market capitalization of Bit has now surpassed the GDP of Mexico ($1.85 trillion), Australia ($1.8 trillion) and Spain ($1.73 trillion) and is only $0.15 trillion behind the GDP of Russia ($2.18 trillion), Brazil ($2.19 trillion) and Canada ($2.21 trillion).

Previously, Bit had also surpassed the market valuation of Saudi Aramco ($1.796 trillion), Silver ($1.791 trillion), Facebook ($1.549 trillion) and Elon Musk-led Tesla ($1.148 trillion), becoming the 7th largest asset in the world.

Compiled by Bitcoin News

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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