Cryptocurrency | Bitcoin can enter the 10 largest currencies in the world


Based on market capacity, Bitcoin is the largest and most popular cryptocurrency in the world. Now Bitcoin is bigger than the monetary base of developed countries, and this makes it one of the largest currencies in the world. This status can make Bitcoin potentially become a global currency.

According to The Feed or the US Federal Reserve, the monetary base is defined as "the amount of currency in circulation and the balance of reserves - deposits held by banks and other depository institutions in their accounts."


Bitcoin market capacity reaches $ 200 billion, making it bigger than the amount of money circulating in Brazil, Canada, South Korea, and Australia. A tweet from the owner of the Twitter account "cryptoRhythm Trader" reads:

"Bitcoin is now the 11th largest money in the world, and Bitcoin obtained this with only nine pages of paper that were made anonymously driven by large-scale movements. Millions of people have chosen a bank without a CEO, office, or marketing department and it will really make you remember it more. "

Bitcoin will overtake the global Gold market

In an interview session with Anthony Pompliano, founder of Galaxy Digital and Bitcoin bull, Mike Novogratz, said the capacity of Bitcoin will exceed the gold market in two decades.


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Cryptocurrency | Bitcoin can enter the 10 largest currencies in the world Cryptocurrency | Bitcoin can enter the 10 largest currencies in the world Reviewed by sheffter on August 12, 2019 Rating: 5

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