Crypto market cap surpasses France, UK GDPs – India, Japan next

📆 12/10/2024 6:12 PM
📰 CryptoAmb

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Crypto market cap flipped France and UK's GDP, a sign of growth in the new asset class. Will it surpass India and Japan's GDP?

A $5-$10T crypto size could make it the third largest to China and U.S. GDPs.market has seen massive growth in 2024, eclipsing some of the world’s wealthiest countries.

According to IMF estimates, India , Japan , and Germany had GDPs that could be surpassed if crypto expanded to $5T.In 2024, the crypto market doubled from $1.56T to $3.7T, driven by key catalysts like U.S. spotAfter the ETF approval in January, the market jumped to $2.7T. It climbed above $3T after Trump’s victory in the U.S. presidential elections.

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