According to (Bitcoin Magazine), if priced in BTC, Bitcoin has currently surpassed the total currency count (M2) of Taiwan Dollar (M2) of 19,760,251 BTC, with a total price of 19,785,378 BTC, becoming the twelfth largest currency in the world. (Preliminary news: Bitcoin exceeded 97,000! CryptoQuant CEO: The current data is similar to the early stage of the BTC bull market in 2020) (Background supplement: Bitcoin’s market share “surges to 61.6%”, hitting a new high in the past four years. Is there still room for copycat season? ?) Bitcoin launched an upward offensive again this morning (22), approaching US$99,000 in a short period of time. Currently, most market investors are optimistic that it is inevitable for BTC to exceed US$100,000 by the end of the year, and the market value has also exceeded US$1.9 trillion. Bitcoin has become the twelfth largest currency in the world. Against this background, (Bitcoin Magazine) posted on social platform The New Taiwan Dollar has 19,760,251 BTC, making it the twelfth largest currency in the world. Note: According to Macromicro data, the total currency value of New Taiwan Dollar M2 is currently approximately 63 trillion yuan, which is approximately equivalent to 19.76 million BTC. M2 refers to the total currency count of a country or region, including cash, checking deposits, savings deposits, time deposits and other highly liquid deposits. The daily average data of M2 can reflect the money supply of a country or region, and is of great significance for understanding the currency circulation and financial market liquidity in the region. In addition, according to the latest data from Infinite Market Cap, Bitcoin has successfully surpassed Saudi Aramco and become the seventh largest asset in the world with a market value of US$1.917 trillion. Bitcoin becomes the seventh largest asset in the world. Source: Infinite Market Cap Galaxy Digital CEO: Bitcoin will see a correction. However, in the face of Bitcoin’s current strong performance, Galaxy Digital CEO Michael Novogratz recently said that although Bitcoin currently exceeds $100,000, it is inevitable. But a pullback may also occur soon, because there is currently a lot of leverage in the market: After Trump won the election, Bitcoin’s pace of breaking through $100,000 looks unstoppable, but this does not mean that BTC will continue to rise endlessly. It will eventually pull back, the current market is highly leveraged and a correction is coming. But Novogratz also added that while Bitcoin may pull back, it will not fall below $80,000, the price it was at before Trump was elected. At the same time, he also warned that MicroStrategy stocks may face larger adjustments due to their huge leverage attributes: I recommend investing directly in Bitcoin rather than companies like MicroStrategy. Related reports Michael Saylor will deliver a 3-minute speech to Microsoft’s board of directors to persuade Microsoft to invest in Bitcoin. Trump nominates Bitcoin fan Howard Lutnick as Secretary of Commerce. Will the new SEC chairman be a crypto-friendly lawyer? Bitcoin Jesus Roger Ver was charged with tax evasion and fraud for "the most critical period of 109 years." Supporters signed a petition calling for a pardon. "Bitcoin has a market value of US$1.95 trillion, surpassing the New Taiwan Dollar and becoming the 12th largest currency in the world!" "This article was first published in BlockTempo (Dong District Dongzhu - the most influential blockchain news media).

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