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

How To Join The Brevis Airdrop

Airdrops | Editor Choice

How to Join the Brevis Airdrop

Join the Brevis Airdrop, the project has successfully raised $7.5 million and is now allowing users to earn Sparks points for upcoming token rewards.

Binance Launches $400 Million Relief Fund For Traders

News | Editor Choice | Policy & Regulations

Binance Launches $400 Million Relief Fund for Traders

Following one of the most dramatic downturns in recent crypto history, Binance has unveiled a $400 million relief program to support users who suffered heavy losses during Friday’s market collapse — despite emphasizing that the exchange “does not accept liability” for user losses.

Elon Musk Makes A U Turn, Backs Bitcoin As “energy Cannot Be Faked”

News | Bitcoin | Editor Choice

Elon Musk Makes a U-Turn, Backs Bitcoin as “Energy Cannot Be Faked”

Elon Musk has once again stirred up the crypto community after declaring his renewed support for Bitcoin, claiming its true value lies in “energy — the one thing that cannot be faked.”

Samsung Partners With Coinbase

News | Editor Choice | Policy & Regulations

Samsung Partners with Coinbase, A Major Leap Toward Mainstream Crypto Adoption

The partnership between Samsung and Coinbase is ushering in a new era for digital assets, making crypto trading and investment easier, safer, and more accessible than ever for Galaxy users.

Binance Launches $45 Million Bnb Airdrop To Rescue Memecoin Traders

News | Altcoin | Editor Choice | Memecoin

Binance Launches $45 Million BNB Airdrop to Rescue Memecoin Traders

Amid a historic crypto crash that wiped out over $20 billion in value, Binance has launched a $45 million BNB airdrop to rescue tens of thousands of memecoin traders caught in the largest liquidation wave in history.

Screenshot 2025 09 10 100533