Bitcoin's market capitalization enters the top 15 global currencies
According to the analysis of Bitcoin credit card company Bold, as of December, Bitcoin has successfully entered the top 15 currencies in the world and become the only cryptocurrency among the top 20 currencies globally.
According to data from CEIC and CoinGecko, as of November 19th, the market value of Bitcoin has reached $732.5 billion. At the same time, the Indian Rupee ranks second globally with a M1 money supply of $693.1 billion. In November, the Swiss Franc ranked first with a M1 money supply of $749.1 billion, followed closely by Bitcoin according to CEIC data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Target price slashed by 26% overnight! Morgan Stanley: Caterpillar (CAT.US)'s AI myth is gradually being exposed by the market cycle.
Morgan Stanley has cut Caterpillar's target price from $915 to $675, a reduction of 26%. The bank believes its AI narrative is giving way to the cyclical outlook, signaling that the stock has officially entered a valuation correction.
Morgan Stanley: Gross margin recovery path is clear, reiterates “Overweight” rating on STMicroelectronics (STM.US)
Morgan Stanley maintains its "Overweight" rating on STMicroelectronics and sets the target price at 65 euros.
Ethereum community releases proposal for "STVA Range Limited Authorization Token"
Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity
Crypto prices
More
