Today's Cryptocurrency Prices by Market Cap The global crypto market cap is $B, a % decrease over the last day. Oct 11, · FiatMarketCap is an interesting idea for an informative website that lists major fiat currency market capitalization in Bitcoin (BTC). Think about CoinMarketCap, but in reverse where the altcoins are fiat currencies and you can easily see data such as circulating supply, price in satoshi (parts of Bitcoin) and total market cap calculated in BTC. rows · USD/BTC: 4, sats • Currency Ranking: 27 • Country Ranking: 35 • Fiat Market Cap: 5,,, BTC • BTC Dominance: %.
Bitcoin market cap fiat currencyBitcoin is now the 6th largest world currency - Decrypt
Although Bitcoin and fiat currencies aren't exactly equivalent in terms of how the circulating value is calculated, we can roughly estimate where Bitcoin sits in the world currency rankings by comparing its market capitalization to the M0 money supply of fiat currencies.
The M0 figure represents the total value of all the banknotes, coins, and other money substitutes that can be easily converted into cash. The M0 value is also commonly known as "narrow money". Next up is the Euro EUR —a relatively new currency that first launched in and is now used throughout much of Europe and by most EU member states. According to the official statistics, there was just shy of 1. Last, but by no means least, Bitcoin BTC currently occupies the position of sixth-largest currency by circulating supply, narrowly edging out the Russian ruble RUB to secure its position.
Bitcoin currently has At its current market cap, Bitcoin has a money supply worth more than different fiat currencies. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility.
We strongly advise our readers to conduct their own research when making a decision. Skip to main content. Publication date:.
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