Bitcoin (BTC) Market Cap Smashes $1 Trillion

Bitcoin (BTC) Market Cap Smashes $1 Trillion

Just 12 years since its inception, the Bitcoin market cap smashed through the $1 trillion mark earlier today, February 19, 2021.

A Bitcoin (BTC) price of around $55,500 was the benchmark price every Bitcoiner was waiting for, and the price continued to rise setting a new all-time high of $56,445 and a market cap of over $1.05 trillion.

Surpassing the trillion dollar-mark, Bitcoin breached yet another significant milestone, and in doing so becomes the sixth most valuable asset in the world, and of course a much more interesting investment to the bigger money classes.

Not even two weeks have past since Bitcoin overtook the Tesla market cap, ironically helped by Tesla’s $1.5 billion Bitcoin investment.

And according to data analysis firm Asset Dash, the Bitcoin market cap is now almost $300 billion bigger than Tesla’s, and has relegated Chinese giant Tencent to seventh place in its meteoric rise. Read More