Bitcoin hits $57,500 And $1-trillion market cap signals its here to stay
Bitcoins price continued to smash records this week, surging by more than 20% and hitting highs of $57,505.23 at one point. But the most significant milestone came when BTCs market cap exceeded $1 trillion for the very first time.
This is a feat that took the likes of Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) decades to achieve, with Bitcoin cementing its status as a major global asset in just 12 years. BTC even managed to overtake Tesla (NASDAQ:TSLA) and Tencent as bullish momentum shows no signs of slowing down.
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