Cryptocurrency Market Cap Crosses GDP of Canada

Cryptocurrency Market Cap Crosses GDP of Canada

The cryptocurrency assets now have a total market cap of more than $1.73 trillion, thanks to the latest surge in Bitcoin, Ethereum and DeFi tokens. The crypto market is now more valuable than the entire GDP of Canada.

According to the latest published report by the International Monetary Fund (IMF), Canada is the 9th largest economy in the world with a GDP of $1.6 trillion. The overall cryptocurrency market cap has now crossed Canadian GDP.

Bitcoin, the world’s largest cryptocurrency has been on the rise since the start of 2021. BTC is now up more than 90% in the last 10 weeks. As of writing, the digital currency is trading near $56,500 with a total market cap of $1.06 trillion. Bitcoin…

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