Cryptocurrency market is buzzing. The reason for this is that the bill coming to the Favor of Cryptocurrency Industry in the US Parliament. Due to which the price of the world’s largest cryptocurrency bitcoin is being seen in a tremendous increase. The special thing is that during the business session, the price of bitcoin reached the record of $ 1.23 lakh. At the same time, the market cap of bitcoin has reached close to 2.50 trillion dollars. This means that the market cap of bitcoin has reached more than the GDP of about 188 countries of the world.
Now in the coming few years, France, UK and Japan’s economy can also leave behind. At the same time, America also has the ability to feed the GDP of China, but Bitcoin will take a long time to reach the GDP of these two countries. Let us also tell you how much the power of the world’s largest cryptocurrency bitcoin has increased.
Market cap close to $ 2.5 trillion
While the price of bitcoin has reached the record level on the one hand, on the other hand the market cap of bitcoin has also reached the record level. When the price of bitcoin was at a record level, the market cap of cryptocurrency had reached 2.45 trillion dollars. In the last 24 hours, the market cap of bitcoin has seen an increase of about 4 percent. According to the data of Coin Marketcap.com, the market cap of bitcoin is seen at 2.47 per cent at 2.43 trillion dollars at 2.50 minutes in the afternoon. In the last few days, there has been a tremendous increase in the price of bitcoin.
The world’s more than 188 GDP
The special thing is that at present, the market cap of bitcoin has been more than 188 countries of the world. There are 195 Ricgnaise countries in the world. After France, the 7 largest economy in the world, Bitcoin has become more bitcoin than Italy’s GDP. Italy’s market cap is 2.42 trillion dollars. While the GDP of Russia, Canada and Brazil is between 2 to 2.5 trillion dollars. GDP of countries like Spain, South Korea, Australia, Mexico etc. are being seen less than $ 2 trillion and more than $ 1.5 trillion. In such a situation, you can guess how Bitcoin has got his iron in the world.
Bitcoin eye on the GDP of these countries
Currently, GDP of 7 countries of the world is being seen more than the market cap of bitcoin. If we look at the data, the GDP of America and China is much higher than the GDP of Bitcoin. In such a situation, it can take a long time for bitcoin to reach there. But the GDP of France, UK, Japan, India and Germany ranges from 3 trillion dollars to $ 4.75 trillion. In such a situation, Bitcoin will not take much time to cross these countries. In the last one year, the price of bitcoin can be seen by more than 100 percent. Accordingly, the market cap of bitcoin will also be seen. In the next one year, the price of bitcoin can reach $ 2.50 million to 3 lakh dollars, so the market cap of bitcoin can also cross the level of $ 4.5 to 5.5 trillion.