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Cryptocurrency market capitalization overtakes France's GDP

Friday, November 22, 2024

According to Coingeco data, the total market capitalization of cryptocurrencies exceeded 3.4 trillion dollars, surpassing France's GDP ($3.17 trillion). It is smaller than the UK's GDP (3.58 trillion dollars).

This milestone highlights the rapid evolution of cryptocurrency as a significant financial force. As it continues to grow, it raises important questions about its role in the global economy and potential regulatory implications. It'll be fascinating to see how this impacts traditional markets and the future of finance as a whole.