{"id":199865,"date":"2021-03-11T22:15:00","date_gmt":"2021-03-11T19:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-flippens-south-korean-won-closes-in-on-google\/"},"modified":"2021-03-11T22:15:00","modified_gmt":"2021-03-11T19:15:00","slug":"bitcoin-flippens-south-korean-won-closes-in-on-google","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-flippens-south-korean-won-closes-in-on-google\/","title":{"rendered":"# Bitcoin flippens South Korean won, closes in on Google"},"content":{"rendered":"<p>&#8220;<strong># Bitcoin flippens South Korean won, closes in on Google <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvMTRmOTM5MWEtZmRjNy00YWY3LThlMjgtMWI0NzA2MDRkYWE3LkpQRw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>The market capitalization of Bitcoin recently rose above $1 trillion once again. Now the asset has surpassed the total market cap of the South Korean won.<\/p>\n<p>According to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/assetdash.com\/\">data<\/a> from AssetDash, the Bitcoin (BTC) market cap is $1.057 trillion at time of publication. This exceeds the money supply of the South Korean won, which was <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/south-korea\/money-supply-m2\">estimated<\/a> to be 1,178,748,600,000,000 KRW as of December 2020, and is currently valued at roughly $1.04 trillion. <\/p>\n<p>Bitcoin\u2019s market cap rose above $1 trillion for the first time in February following the announcement that Tesla had invested $1.5 billion into BTC. Crypto adoption by a major company like the electric car manufacturer quickly sent the asset&#8217;s price soaring to an all-time high of more than $57,000 on Feb. 20.<\/p>\n<p>The price of Bitcoin remains in striking distance of a new all-time high after regaining $57,000 this week, and its\u00a0market cap could soon overtak that of Google\u2019s parent company, Alphabet. Bitcoin\u2019s market capitalization has already exceeded that of two major companies this year \u2014 Tesla and Chinese tech giant Tencent \u2014 and is closing in on Alphabet\u2019s $1.4 trillion. <\/p>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le maintains a healthy $1 trillion gap between Bitcoin&#8217;s market cap and its own. Interestingly, Apple took more than 40 years to break the $1 trillion mark. From the day when the first Bitcoin transaction was conducted, the crypto asset took just 12 years to reach a $1 trillion market cap. In contrast, Google\u2019s journey to $1 trillion took 22 years.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-flippens-south-korean-won-closes-in-on-google\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin flippens South Korean won, closes in on Google &#8221; The market capitalization of Bitcoin recently rose above $1 trillion once again. Now the asset has surpassed the total market cap of the South Korean won. According to data from AssetDash, the Bitcoin (BTC) market cap is $1.057 trillion at time of publication. This&#8230;<\/p>\n","protected":false},"author":1,"featured_media":199866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvMTRmOTM5MWEtZmRjNy00YWY3LThlMjgtMWI0NzA2MDRkYWE3LkpQRw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74937,75679,117,26293,72420],"class_list":["post-199865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-price","tag-market-capitalization","tag-business","tag-google","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/199865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=199865"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/199865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/199866"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=199865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=199865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=199865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}