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- The worth of all of the bitcoin in circulation, or market capitalization, on Wednesday rose above $1 trillion for the primary time since late 2021, in response to CoinMarketCap information.
- Bitcoin additionally broke by the $51,000 stage, marking the primary time it has hit this worth since December 2021.
- The worth rise continues a rally that started in January final yr. This yr alone, bitcoin is up greater than 21%.
The worth of all of the bitcoin in circulation, or market capitalization, on Wednesday rose above $1 trillion for the primary time since late 2021, in response to CoinMarketCap information.
The cryptocurrency additionally broke by the $51,000 stage in the course of the day, marking the primary time it has hit this worth since December 2021.
Bitcoin was buying and selling at across the $51,229 mark at 6.15 a.m. ET, up round 3% from its worth of 24 hours prior, in response to CoinDesk information.
The worth rise continues a rally that started in January final yr. This yr alone, bitcoin is up greater than 21%.
This can be a breaking information story. Please test again for extra.
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