Bitcoin briefly loses its spot as top cryptocurrency — Wait, what?

‘s market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value.

WBTC showed a behemoth market cap of about $432 quadrillion for a brief period (the total world money supply is estimated at $1.2 quadrillion, including derivatives, according to Rankred.com.) It sat listed atop all the other assets, even Bitcoin (BTC), which had a valuation of roughly $733 billion at the time.

Source: CoinMarketCap.com
Source: Google (NASDAQ:).com
Source: CoinMarketCap.com

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