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	<div class="breadcrumbs"><a href="https://youngmindsonline.org">Home</a> <span class="sep"> / </span> <a href="https://youngmindsonline.org/category/world-news/">World News</a> <span class="sep"> / </span> <span class="current">Bitcoin market cap now greater than New Zealand GDP</span></div>			 <article id="post-10782" class="post-10782 post type-post status-publish format-standard has-post-thumbnail hentry category-world-news">
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                    <h1 class="entry-title">Bitcoin market cap now greater than New Zealand GDP</h1>
                                                <aside id="meta-10782" class="entry-meta"><span class="posted-on">Posted on </span><a href="https://youngmindsonline.org/2017/12/07/bitcoin-market-cap-now-greater-than-new-zealand-gdp/" title="9:55 AM"><time class="entry-date" datetime="2017-12-07T09:55:47+05:30">December 7, 2017</time></a><span class="by-author"> by </span><span class="author vcard"><a class="url fn n" href="https://youngmindsonline.org/author/admin/" title="View all posts by admin" rel="author">admin</a></span><span class="posted-in"> in </span><a href="https://youngmindsonline.org/category/world-news/" rel="tag">World News</a> 		</aside>
                        <img width="316" height="265" src="https://youngmindsonline.org/wp-content/uploads/2017/12/Bitcoin-market.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" loading="lazy" srcset="https://youngmindsonline.org/wp-content/uploads/2017/12/Bitcoin-market.jpg 316w, https://youngmindsonline.org/wp-content/uploads/2017/12/Bitcoin-market-300x251.jpg 300w" sizes="(max-width: 316px) 100vw, 316px" />                </header>
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					<p>Bitcoin&#8217;s market capitalisation of $190 billion is more than the market value of New Zealand&#8217;s GDP ($185 billion) and Boeing ($162 billion). It is also more than the combined value of Goldman Sachs and UBS Group as well as the combined worth of Warren Buffett and Bill Gates. The cryptocurrency&#8217;s value reached a new high of over $11,800 on 3rd December.</p>
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