BTCMarket Cap$1.95兆美元"超越新台幣"登全球第12大貨幣！

According to Bitcoin Magazine, if denominated in BTC, BTC has now surpassed the total price of 19,785,378 BTC to become the twelfth largest currency in the world, surpassing the total value of 19,760,251 BTC in the total currency count (M2). (Synopsis: BTC breaks 97,000!) CryptoQuant CEO: The current data is similar to the early days of the BTC Bull Market in 2020) (Background supplement: BTC's market share "soared to 61.6%" hit a new high in nearly four years, is there still a drama in the altcoin season? BTC launched another upward offensive this morning (22), approaching $99,000 in a short time, and most market investors are now optimistic that it is inevitable for BTC to break through $100,000 by the end of the year, and Market Cap has also exceeded $1.9 trillion. BTC becomes the twelfth largest currency in the world In this context, "Bitcoin Magazine" posted on the social platform X yesterday (21) night that if denominated in BTC, BTC has now surpassed NTD's 19,760,251 BTC with a total price of 19,785,378 BTC, becoming the twelfth largest currency in the world. Note: According to Macromicro data, the total value of the new Taiwan dollar M2 currency is currently about 63 trillion yuan, which is roughly equivalent to 19.76 million BTC. M2 refers to the total currency count of a country or region, including cash, check deposits, savings deposits, time deposits, and other deposits with higher liquidity. The daily average data of M2 can reflect the Money Supply of a country or region, which is important for understanding the currency circulation in the region and the liquidity of the financial market. In addition, according to the latest data from Infinite Market Cap, BTC has successfully surpassed Saudi Aramco as the world's seventh largest asset with a market cap of $1.917 trillion. BTC became the seventh largest asset in the world. Source: Infinite Market Cap Galaxy Digital CEO: BTC will pull back However, in the face of BTC's current strong performance, Galaxy Digital CEO Michael Novogratz recently said that although BTC is currently inevitable to break through $100,000, pullback may also appear soon, because there is currently a lot of leverage in the market: After Trump won the election, the pace of BTC breaking through $100,000 looks unstoppable, but this does not mean that BTC will continue to rise endlessly, it will eventually pull back, the current market is already highly leveraged, correction is coming. But Novogratz also added that while BTC may pull back, it will not fall below $80,000, which is the price it was before Trump was elected. At the same time, he also warned that MicroStrategy stocks may usher in a larger correction due to their huge leverage properties: I recommend investing directly in BTC rather than companies like MicroStrategy. Michael Saylor will deliver a 3-minute speech to Microsoft's board of directors to persuade Microsoft to invest in BTC Trump nominates BTChardcore fan Howard Lutnick as Secretary of Commerce, and the new SEC chairman will be an encryption-friendly lawyer? BTC Jesus Roger Ver was accused of tax evasion and fraud "the heaviest 109 years", and supporters signed a petition demanding that "BTCMarket Cap 1.95 trillion US dollars "surpass the New Taiwan dollar" and become the 12th largest currency in the world! This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".