Yes, but companies are a trickier comparison. Completely different asset class, and they can make wild jumps because of company-internal developments. It's also possible for a company to own Bitcoin as an asset, so there's an overlap.
Here we are, compared to fiat
https://fiatmarketcap.com/
True, but makes good headlines.
Brazil and Canada will be fun ones to pass.
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I'm eyeing the Swiss Franc because that's the go-to fiat reserve in Germany.
For the world!
What was weird in 2008 the yen was a safe haven currency with the franc, now the yen is trash….
Yeah, they just started outright monetizing their debt.