The cryptocurrency market has reached a total market capitalization of $3.12 trillion, equivalent to the world’s largest economies and approaching France’s GDP. Bitcoin, the leading cryptocurrency, has reached $89,500, with a market cap exceeding $1.77 trillion. This is the first time the crypto market has been this high since November 2021.
The market’s growth has surpassed Microsoft’s market value and is nearing that of Nvidia and Apple. Standard Chartered predicts a $10 trillion crypto market cap by 2026 under a potential Trump administration, with Bitcoin reaching $200,000 and Ethereum $10,000 by the end of 2025.
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