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Bitcoin briefly flippens Swiss franc after rally to new ATH
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After hitting a new all-time high price approaching $67,000 earlier today, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc.
According to data from Fiatmarketcap, Bitcoin’s market cap was more than $1.263 trillion when the price of the crypto asset reached an all-time high of roughly $67,000 earlier today. This briefly exceeded the value of the circulating supply of the Swiss franc at 1,158,489,000,000 CHF, or roughly $1.26 trillion. AssetDash also lists the total Bitcoin (BTC) market cap within $500 billion of Amazon.
The price rise that led to Bitcoin flippening the franc in value came as crypto futures-linked exchange-traded funds, or ETFs, were being approved for trading on major U.S. stock
Read more on cointelegraph.comAbout this in other media
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