From Taiwan Dollar To Russian Ruble — Bitcoin Is Now Bigger Than These National Currencies
Posted On May 23, 2025
Bitcoin (CRYPTO: BTC) surpassed the New Taiwan Dollar to become the eighth-largest currency by market capitalization on Thursday.
What happened: The apex cryptocurrency came within touching distance of $112,000, as the record-breaking run showed no signs of slowing.
Thursday’s momentum powered Bitcoin to a market capitalization of $2.20 trillion, surpassing the national currencies of several major economies.
According to data sourced from AssetsMarketCap, Bitcoin ranked ahead of Taiwan’s national currency and the legal tender of Anglosphere states such as the Australian dollar and the Canadian dollar.
The world’s most valuable cryptocurrency …