Bitcoin market cap exceeds Canada's M1 money supply once again
The Bitcoin market capitalization is once again sufficient to cover the M1 money supply of either Australia or Canada. Another day of gains for Bitcoin (BTC) has seen the price of the largest crypto by market capitalization go beyond the $1.1 trillion mark — $1.105 trillion to be precise.This market capitalization growth now means that Bitcoin’s market size has surpassed Canada’s M1 money supply which stands at $1.104 trillion according to data from CEIC.At the present figure, Bitcoin’s market capitalization is also greater than the M1 money supply of the Australian dollar which currently....
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