5,000 BTC used to get you a pizza, now it’s worth more than some countries.
Bitcoin held steady over the weekend and, as of March 4 and the time of this article’s publication, with a current value of $66.5K, it stands on the precipice of reaching its all-time U.S. dollar high of $68,991.
This brings Bitcoin’s total market value to $1.31 trillion, or about a billion dollars more than all the Swiss Francs in circulation. In fact, if Bitcoin were a fiat currency, it’d be the 13th largest in the world by market capitalization.
As of the time of this article’s publication, there are a reported 19,644,462 bitcoin in circulation. Bitcoin has a technical limit of 21 million total but, due to the way mining rewards are calculated, it is unlikely to ever become 100% mined.
