Another dream of the bitcoin hodlers has come true: the capitalization of BTC has exceeded $ 1 trillion, and the bitcoin rate has risen to $ 54,500.
The total capitalization of the cryptocurrency market has also renewed its maximum and now stands at more than $ 1.65 trillion. According to various experts, the value of all money in the world is about $ 95 trillion, more than 1% of which now comes from bitcoin. For people who have become participants in the cryptocurrency world from the very beginning of its existence, the market capitalization of Bitcoin has come a long way over 11 years to reach the round $ 1 trillion mark. And yet, it was inevitable.
The $ 1 trillion mark has been an important and expected psychological barrier for several years, and overcoming it can be regarded as a sign of the maturity of bitcoin and the cryptocurrency market. This will provide support for Bitcoin, paving the way for its development. Now Bitcoin can rightfully be called the first international alternative asset, which does not depend on any state or government.
Recall that at the beginning of January, the market capitalization of all cryptocurrencies reached $ 1 trillion for the first time. Today this figure has exceeded $ 1.65 trillion and this is not the limit, given that the “bullish trend” of bitcoin continues. Altcoins follow the example of bitcoin – ether is already close to $ 2,000. And the internal coin of the Binance cryptocurrency exchange – BNB – grew by more than 60% per day and for the first time exceeded $ 300.
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