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Cryptocurrencies in the global economy

At the start of 2018, the cryptocurrency market capitalisation climbed to around 710bUSD. To put this number into perspective, the market value of all physical gold - above ground - was around the 7tUSD mark at the time. That made the cryptocurrency market worth around 10% of the physical gold market. This clearly suggests that cryptocurrencies have not taken over the financial world just yet, but it is a success story worth noting given their recent meteoric rise in value.

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