BTC breaks through 93K in the morning of the 14th...records a market cap of about 2547 trillion
Temporarily surpasses 'Saudi Aramco' in the global asset ranking
);)
On the 14th, BTC recorded a market capitalization of $1.81 trillion (about 2,546.67 trillion won), surpassing Saudi Aramco and reaching 7th place in the global asset ranking.
The cause of the increase in BTC's price and market capitalization is the 'BTC boom' due to the recent confirmation of the election of former President Trump. As BTC surged at an unprecedented rate, breaking new highs every day, everyone rushed to hoard BTC.
BTC rose about 32% until the afternoon of the 13th after the confirmation of the election of former President Trump as the 47th President of the United States last week. On the 13th, BTC's daily trading volume was $13 billion (about 18.2845 trillion won).
BTC, which had soared to $93,000, faced a sharp correction and fell to $90,000, relinquishing 7th place in the global asset ranking to Saudi Aramco.
As of 9 AM on the 14th, based on CoinMarketCap, BTC's price and market capitalization are recorded at around $90,117 and $1.7844 trillion (about 2,508.8664 trillion won), respectively. Saudi Aramco's market capitalization was recorded at around $1.7972 trillion (about 2,528.6604 trillion won) as of 9 AM on the 14th, based on CompaniesMarketCap.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
