Crypto market ranks 13th among national stock markets worldwide
According to CryptoRank data as of February 17, 2020, the total market capitalization of cryptocurrencies has reached $2.4 trillion, placing this sector 13th among national stock markets globally. This indicates that the crypto market is comparable to leading economies and already surpasses the stock markets of countries like Australia and the Netherlands.
The crypto market is nearly equal in size to the Saudi Arabian stock market, showcasing significant growth and its rising importance in the global economy. This reflects increasing interest in digital assets and their growing integration into the financial system.
Moving forward, further development of the cryptocurrency market and its expanding influence on global financial trends can be anticipated.
