Crypto Market Capitalization Approaches France GDP

Bitcoin has reached the milestone of $90,000, with a market capitalization of $1.77 trillion, surpassing the silver market. Meanwhile, the total market capitalization of cryptocurrencies has reached $3.12 trillion, closely approaching the GDP of France, which is among the top seven economies in the world.

Crypto Market Capitalization Approaches France Gdp

A remarkable milestone has been achieved in the cryptocurrency world as the total market capitalization reaches $3.12 trillion – a figure comparable to France’s Gross Domestic Product (GDP). This surge was primarily driven by Bitcoin’s strong momentum on November 11, when the leading cryptocurrency touched $89,500, triggering a 7% growth across the entire market within 24 hours.

Crypto Market Capitalization
Crypto Market Capitalization

If the cryptocurrency market were considered an independent economy, it would rank 8th globally, trailing only major economic powers such as the United States, China, Germany, Japan, India, the United Kingdom, and France. Bitcoin alone, with a market cap of $1.77 trillion, has surpassed Spain’s GDP.

The market last touched the $3 trillion mark on November 15, 2021, when Bitcoin set its previous historical peak of $69,000 during the 2020-2021 bull cycle. Currently, the crypto market’s capitalization has overtaken Microsoft and is closing in on tech giants Nvidia and Apple – the world’s most valuable companies. Notably, Bitcoin also surpassed the silver market’s capitalization on November 11.

Bitcoin also surpassed the silver market's capitalization
Bitcoin also surpassed the silver market’s capitalization

Markus Thielen, founder of 10x Research, predicts Bitcoin will maintain its dominance as the market approaches the $4 trillion threshold. He states:

The current growth wave is centered on Bitcoin and gradually spreading to Ethereum and Solana. We expect Bitcoin to reach $100,000 before year-end.

If this prediction materializes, Bitcoin’s market cap would approach $2 trillion.

Thielen also forecasts that certain Solana-based tokens will outperform the market. However, he cautions that many assets that showed strong growth during the 2020-2021 cycle might underperform in this round.

Related: FTX Sues Binance and CZ, Demanding Compensation of Up to $1.76 Billion

Currently, Bitcoin is trading around $89,000, up 11% in 24 hours and approaching the significant milestone of $90,000.

Bitcoin
Bitcoin
(1 vote)

1.0/5

(1 vote)

Latest

Bnb Sets New All Time High After Surging 21% In A Week

News | Altcoin | Editor Choice

BNB Sets New All-Time High After Surging 21% in a Week

After surging 21% in just a week, BNB has soared to a new all-time high, capturing the spotlight as the cryptocurrency market rallies.

Crypto Whales Intensify Activity In Uptober As Market Cap Surpasses $4 Trillion

News | Altcoin | Editor Choice

Crypto Whales Intensify Activity in Uptober as Market Cap Surpasses $4 Trillion

The global cryptocurrency market kicked off “Uptober” with renewed enthusiasm as total capitalization surpassed $4 trillion, while whale activity surged — hinting at strategic moves across Bitcoin, Ethereum, and key altcoins amid growing market volatility.

Bitcoin Hits A New Ath As Profit Margins Continue To Shrink

News | Bitcoin | Editor Choice

Bitcoin Hits a New ATH as Profit Margins Continue to Shrink

Although Bitcoin (BTC) continues to set new price records after every halving, historical data shows that the world’s largest cryptocurrency is experiencing diminishing returns with each new cycle.

Cz Says He Was Threatened To Pay $4.4 Billion

News | Editor Choice | Policy & Regulations

CZ Says He Was Threatened to Pay $4.4 Billion

CZ, the founder of Binance, has shaken the crypto world by claiming he was threatened to pay $4.4 billion to avoid false accusations that his exchange financed terrorism.

Binance Hits Record Altcoin Trading Volume As Altseason Heats Up

News | Altcoin | Editor Choice

Binance Hits Record Altcoin Trading Volume as “Altseason” Heats Up

Binance has set a historic record as altcoins captured 82.3% of total trading volume, signaling a new “altseason” fueled by surging institutional inflows and investor demand for non-Bitcoin tokens.

Screenshot 2025 09 10 100533