Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves

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Bitcoin's Market Cap Is More Valuable Than the IMF's Special Drawing Rights ReservesAt its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen over 323% since the crypto asset’s $3,600 low in 2020. The price of […]

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