The total number of all bitcoins in circulation is 19.6 million units, which is equivalent to $1.2 trillion. Thus, the first cryptocurrency has surpassed the Russian ruble, whose capitalization is estimated at 17 million BTC or $1.1 trillion. This is evidenced by CoinMarketCap data.
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In the rating of currencies In the world, Bitcoin follows the Swiss franc (20.5 million BTC or $1.29 trillion). The first place is occupied by the Chinese yuan with a capitalization of 658.5 million BTC, followed by the dollar (634.3 million BTC) and the euro (257.5 million BTC).
Bitcoin capitalization growth associated with an increase in its price on the market. Yesterday, February 28, in the evening, the price of Bitcoin immediately jumped to $63,734, then the asset rolled back. Currently, the first cryptocurrency is trading at the level of $62,000.
Recall
The Ministry of Finance wrote that after breaking through the level of $57,000, technical analyst and head of Factor LLC Peter Brandt changed his forecast for the rate of the first cryptocurrencies in 2025 from $120,000 to $200,000.
