How does the amount of USD in the world compare to the market capitalization of cryptocurrencies?

7 answers

• Dec 18, 2021 · 3 years ago
  The total amount of USD in circulation worldwide is significantly larger than the market capitalization of cryptocurrencies. As of now, the global M2 money supply, which includes physical currency, demand deposits, and certain types of savings accounts, is estimated to be around $90 trillion. In contrast, the market capitalization of cryptocurrencies is currently around $2 trillion. This means that cryptocurrencies represent a relatively small fraction of the total value of USD in circulation. However, it's important to note that the market capitalization of cryptocurrencies has been growing rapidly in recent years, and their share of the global financial market may continue to increase in the future.
  710355
• Dec 18, 2021 · 3 years ago
  Well, let me break it down for you. The amount of USD in the world is like a giant ocean, while the market capitalization of cryptocurrencies is more like a small pond. The total value of USD in circulation worldwide is massive, estimated to be around $90 trillion. On the other hand, the market capitalization of cryptocurrencies is currently around $2 trillion. So, you can see that cryptocurrencies are just a tiny drop in the ocean of USD. However, don't underestimate the power of these digital assets. Cryptocurrencies have been gaining popularity and their market capitalization has been growing rapidly. Who knows, maybe one day they will make a bigger splash in the financial world.
  691231
• Dec 18, 2021 · 3 years ago
  When it comes to comparing the amount of USD in the world to the market capitalization of cryptocurrencies, it's like comparing apples to oranges. The total amount of USD in circulation worldwide is massive, estimated to be around $90 trillion. On the other hand, the market capitalization of cryptocurrencies is currently around $2 trillion. While cryptocurrencies represent a relatively small fraction of the total value of USD in circulation, they have gained significant attention and popularity in recent years. It's important to note that the market capitalization of cryptocurrencies is highly volatile and can fluctuate greatly. So, it's always a good idea to do your own research and stay updated on the latest trends in the cryptocurrency market.
  756189
• Dec 18, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that the market capitalization of cryptocurrencies is still relatively small compared to the total amount of USD in circulation worldwide. The global M2 money supply, which includes physical currency, demand deposits, and certain types of savings accounts, is estimated to be around $90 trillion. In contrast, the market capitalization of cryptocurrencies is currently around $2 trillion. This means that cryptocurrencies represent a small fraction of the total value of USD in circulation. However, it's worth noting that the cryptocurrency market has been growing rapidly and has the potential for further expansion in the future.
  692139
• Dec 18, 2021 · 3 years ago
  The market capitalization of cryptocurrencies is currently around $2 trillion, while the total amount of USD in circulation worldwide is estimated to be around $90 trillion. This means that cryptocurrencies represent a relatively small portion of the total value of USD in circulation. However, it's important to consider that the market capitalization of cryptocurrencies has been growing rapidly in recent years, indicating increasing interest and adoption. While cryptocurrencies may still have a long way to go to catch up with the total value of USD in circulation, their potential for growth and disruption in the financial industry should not be underestimated.
  668112
• Dec 18, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, believes that the market capitalization of cryptocurrencies, which is currently around $2 trillion, is a significant milestone in the industry. While this figure is still relatively small compared to the total amount of USD in circulation worldwide, which is estimated to be around $90 trillion, it represents the growing interest and adoption of cryptocurrencies. The cryptocurrency market has experienced significant growth in recent years, and it continues to attract investors and enthusiasts from around the world. As the market matures and regulatory frameworks become more established, cryptocurrencies have the potential to play a larger role in the global financial system.
  723104
• Dec 18, 2021 · 3 years ago
  The market capitalization of cryptocurrencies, currently around $2 trillion, is just a fraction of the total amount of USD in circulation worldwide, estimated to be around $90 trillion. While cryptocurrencies have gained significant attention and popularity, they still have a long way to go to catch up with the total value of USD. However, it's important to note that the cryptocurrency market is still relatively young and evolving. As more people recognize the potential of cryptocurrencies and blockchain technology, their market capitalization may continue to grow and eventually have a more significant impact on the global financial landscape.
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