BTC price goes parabolic, Bitcoin market capitalization exceeds $1 trillion
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Bitcoin made headlines again today as its price surged to levels not seen since December 2021, pushing its market capitalization past $1 trillion. CoinMarketCap. This incredible milestone isn’t just a one-day surprise. This is the culmination of a steady rise over the past two weeks, during which Bitcoin’s value has risen a whopping 20% since February 5th.
Crossing the $100 billion threshold would solidify Bitcoin’s status as a major player in the financial world. It’s now the eighth-largest asset by market capitalization, surpassing big names like TSMC, Tesla, Visa, and even crypto-skeptic Warren Buffett’s Berkshire Hathaway.
At the time of reporting, Bitcoin It is trading around $51,500 with about 30% gap left to reach the all-time high of $69,000. Bitcoin’s rapid growth is truly astonishing, with it experiencing an astonishing 91% surge since October 2023, demonstrating its remarkable resilience and appeal to investors.
The burning question on everyone’s mind is: bitcoin price It is expected to continue its upward trend and break existing records. Although the future remains uncertain, the prevailing momentum suggests bullish sentiment towards the cryptocurrency market, with optimism outweighing skepticism.
As Bitcoin continues to capture the imagination of investors around the world, its rise highlights the digital asset’s transformative potential to reshape the financial landscape. Every time there is a surge, BTC It strengthens its position as a disruptive force, challenging traditional notions of wealth and investing.
Source: https://u.today/bitcoin-breaks-1-trillion-market-cap-as-btc-price-goes-parabolic
