Crypto Market Cap Hits $3.1 Trillion, Set to Surpass France’s GDP

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The cryptocurrency market has surged to a new all-time high, reaching a total market capitalization of $3.12 trillion. This figure puts it on the verge of surpassing France’s GDP, making it the eighth-largest “economy” globally, just behind the United Kingdom. Bitcoin played a significant role in this rally, with its price soaring to $89,500, boosting its market cap to over $1.77 trillion, outpacing Spain’s GDP. Analysts anticipate the market cap could soon hit $4 trillion, potentially driven by a surge in altcoins.

News Source:Cointelegraph,This article does not represent our position.

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