What kind of currency is Bitcoin in the world (how big is Bitcoin as a global asset)?
What kind of currency is Bitcoin in the world? According to data from bitcoin.co
What kind of currency is Bitcoin in the world? According to data from bitcoin.com, the current global market capitalization of Bitcoin is approximately 3.68 billion US dollars.
However, with the development and popularity of blockchain, there are still practical issues that cannot be completely solved technically, such as whether there are privacy or information security issues in decentralized applications. Without these solutions, value transfer cannot be achieved. But this is also a new challenge because many development teams are now looking for tools and solutions to incorporate these features into existing systems. Therefore, let’s take a look at what kind of currency Bitcoin really is in the world.
How big is Bitcoin as a global asset?
According to data from CoinMarketCap, what is the current ranking of Bitcoin as a global asset. Among the top 100 assets by market capitalization, there are 13 types priced in US dollars. In addition, the top-ranking asset is gold, which is approximately 1 trillion US dollars, followed by bonds and stocks. Ethereum ranks second, just below Ripple (XRP); and ranked third is oil, which is approximately 10 million US dollars. In comparison, Bitcoin is ranked fourth. (cointelegraph)
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