Bitcoin's market value has surpassed the Korean won's total market value and is about to surpass Google's parent company

On March 12, according to foreign media reports, the market value of Bitcoin has recently exceeded 1 trillion US dollars again, and has now exceeded the total market value of the Korean won. And it is getting closer to Google's parent company Alphabet.

According to data from AssetDash, Bitcoin’s (BTC) market capitalization is $1.057 trillion at the time of writing, exceeding the South Korean won’s money supply, which was approximately 11.79 trillion won as of December 2020, worth approximately $1.04 trillion.

Last month, after Tesla announced a $1.5 billion investment in BTC, Bitcoin's market value exceeded $1 trillion for the first time, and the price of crypto assets quickly soared to an all-time high of more than $57,000. This morning, the keyword "Bitcoin breaks through $58,000" became a hot search. This year, Bitcoin's market value has surpassed Tesla and Tencent, and is approaching Google.

One trillion dollars seems to be a hurdle. Interestingly, it took Apple more than 40 years to break the $1 trillion mark; Google took 22 years. In contrast, from the first Bitcoin transaction, it took only 12 years for the crypto asset to reach a market value of $1 trillion.