Crypto Market Cap Soars to $3.12T, Outpaces Tech Giants
The cryptocurrency marketplace has reached a new milestone, hitting a document marketplace cap of $3.12 trillion, edging towards surpassing the GDP of France. This surge, largely pushed via Bitcoin’s explosive rally, marks a significant second for the digital asset space.
On November 11, Bitcoin soared to $89,500, pushing the complete crypto market up with the aid of 7% in just 24 hours. If the crypto market had been considered a country, it would now rank as the 8th biggest globally in terms of GDP, just at the back of the USA, China, Germany, Japan, India, the United Kingdom, and France.
Bitcoin, which alone now holds a marketplace cap of over $1.77 trillion, is larger than the GDP of Spain, consistent with the…
