The cap of the Bitcoin market is close to $1 trillion
Bitcoin (BTC) has experienced a monthly volatility, losing about 20% against the US dollar in the past 30 days. This week, the market capitalization of BTC is expected to reach a record high of $1 trillion, which is expected to rise significantly. The last time BTC was below $1 trillion was on February 23, 2024 and it has remained that way for the past 134 days.
It could put $1 trillion at risk if the BTC price continues to decline. Furthermore, the market valuation of BTC is about to lose its position as the tenth asset in world price. Incœu, with a market cap of $1.11 trillion, is subsidiary of the Taiwan Semiconductor Manufacturing Company (TSMC).
Bitcoin stopped to lose $155.82 billion in a year under the market capitalization of TSMC. Sora BTC, in terms of market capitalization, represents the size of Meta (see Facebook) and the cumulative value of the financial market. Even if the first half of the world for bitcoin is experiencing a decline in value, it will still be worth a lot of money, because the capitalization of the the price of metal has soared to $1.75 trillion.