May 1, 2024

Bitcoin overtook Canadian and Australian dollars in value

Bitcoin overtook Canadian and Australian dollars in value

Despite the fluctuations in the price of BTC, Bitcoin's market cap is still above a trillionis $ 1.105 trillion.

On March 30, the supply of military-technical cooperation became more expensive than the total amount of currency in circulation in Canada and Australia. The market supply of the Canadian dollar is $1.104 trillion, the Australian – $1.079 trillion.

According to the CEIC company, which collects macroeconomic data for 195 countries, Bitcoin can be included in the list of the top 10 countries with the largest circulation of currencies. 

The total mass of bitcoin on the market has exceeded the emission of 185 countries. The dollar equivalent of MTC is now capable of covering the entire money turnover of most states.

In 2017, Bitcoin only ranked 32nd on this list.

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