Bitcoin market value exceeds $2 trillion! Surpassing Saudi Arabian oil, becoming the world’s seventh largest asset, closely following Google
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Bitcoin officially broke through the $100,000 mark around 10:30 today and continued to set a new historical record. The Binance spot market currently reached a high of $104,088. As of the time of writing, it is reported at $103,101, continuing to fluctuate at the high point.
**BTC market cap surpasses Saudi Aramco, ranking 7th globally**
According to 8marketcap data, the BTC market cap has now exceeded $2 trillion, ranking 7th globally in asset market value, surpassing the world's largest integrated energy and chemicals company - Saudi Aramco, and the distance to the market cap of Google's parent company has narrowed to $100 billion.
**Bitcoin open interest reaches a new high**
According to Coinglass data, the total open interest of Bitcoin futures contracts on the network has reached 424,000 BTC (about $674 billion), setting a new all-time high. Investors are advised to be cautious about the potential for continued volatility.
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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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