1. Derivatives (nominal) market value: approximately $1,000 trillion (1 Beijing)
2. Real estate market value: approximately $326 trillion
3. Total debt market value: approximately $253 trillion
4. Currency (M2) market value: approximately $96 trillion
5. Stock market value: approximately $89 trillion
6. Currency (M1) market value: approximately $35 trillion
7. Gold market value: approximately $12 trillion
8. Bitcoin market capitalization: approximately $500 billion
9. Ethereum market value: approximately $200 billion
10. DeFi market value: approximately $38 billion
A brief description:
- Derivative markets represent complex financial instruments. Notional value is the total notional or face value of all contracts and does not necessarily represent the true amount at risk.
- The real estate market reflects the value of all properties, including residential, commercial and land.
- Total debt represents the total value of government, corporate and personal debt.
- M2 and M1 represent various forms of money supply. M2 includes approximate money (savings deposits, money market securities, mutual funds, etc.), while M1 represents physical money (coins and currency) and demand deposits.
- Gold has historically been viewed as a store of value and as a hedge against inflation and currency fluctuations.
- Cryptocurrencies such as Bitcoin and Ethereum have increasingly been recognized as stores and means of exchange of value, despite being more volatile than traditional assets.
- DeFi (decentralized finance), is an emerging sector of the cryptocurrency market that aims to recreate the traditional financial system without intermediaries. #BTC #ETH
