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March 7, 2021
Business

Bitcoin Market hits $1 Trillion In Value

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(FILES) In this file photo taken on December 17, 2020 shows shows a physical imitation of a Bitcoin at a crypto currency “Bitcoin Change” shop, near Grand Bazaar, in Istanbul. Bitcoin soared above $50,000 for the first time on February 16, 2021, after surging by almost 75 percent this year as heavyweight companies lend their support to the world’s most popular virtual currency. At around 1235 GMT, bitcoin hit an all-time high at $50,547.70, a 4.4-percent gain since Monday.
Ozan KOSE / AFP

 

The total value of all bitcoin topped $1.0 trillion on Friday, capping a spectacular record-breaking week for the world’s most popular cryptocurrency.

The digital unit zoomed to another record pinnacle at $54,182, meaning that the combined value of all bitcoin now stands at $1.002 trillion according to data provider Coinmarketcap.com.

More to follow . . .

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