Bitcoin, Among Top 8 Cryptocurrencies by Market Cap, Surpasses Taiwan's M2 Supply

2025-05-22 19:32
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Bitcoin, Among Top 8 Cryptocurrencies by Market Cap, Surpasses Taiwan's M2 Supply

출처: Block Media

# Bitcoin Surpasses Taiwanese Dollar Supply, Becoming the 8th Largest Asset by Market Capitalization Bitcoin (BTC) has marked a significant milestone, overtaking the market capitalization of the Taiwanese Dollar (TWD) money supply and rising to the 8th largest asset globally by valuation. According to a CryptoNewsLand report dated May 22, Bitcoin’s market capitalization has reached approximately $2.2 trillion (roughly 3,039 trillion won). This figure surpasses the TWD M2 money supply controlled by Taiwan’s central bank, reported to be around $2.1 trillion (about 2,901 trillion won). The impressive growth in Bitcoin’s market value has coincided with its price breaking a record at over $110,000, significantly boosting its capitalization. # “Bitcoin Surges Past Taiwan Dollar, Takes 8th Spot in Global Assets Rankings” 🔗 WHAT A TIME TO BE ALIVE!!! — Vivek⚡️ (@Vivek4real_), May 22, 2025 This achievement further highlights Bitcoin’s evolving role, transitioning from a digital asset to a “store of value” that competes with fiat currencies. Recent developments in Taiwan underscore this shift. Official proposals have been made to include Bitcoin in the country’s foreign exchange reserves, and Taiwan’s financial regulatory authorities are fast-tracking efforts to institutionalize digital assets. Bitcoin surpassing emerging market currency supplies suggests broader implications. According to CryptoNewsLand, this trend fits ongoing conversations about integrating digital assets into traditional financial systems, potentially signaling shifts in the global financial order.
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