March 8, 2021

Bitcoin capitalization reaches $ 1 trillion for the first time in history

Bitcoin capitalization reaches $ 1 trillion for the first time in history

In less than a year, the price of Bitcoin has risen 900%.

On February 19, the BTC price broke through the $ 53,000 mark and continued to rise. On at the time of writing, the local high has been set at around $ 53,900. Cryptocurrency capitalization exceeded $ 1 trillion.

Bitcoin capitalization reaches $ 1 trillion for the first time in history

It took Bitcoin only 12 years to transform from an obscure white paper into a trillion dollar decentralized network with millions of active users.

By comparison, it took Microsoft over 45 years to reach the $ 1 trillion mark. It took Amazon 27 years to do this.

In the ranking of the largest assets and companies in terms of capitalization, Bitcoin ranks 8th, right behind Google. The first and second places are taken by gold and Apple, respectively.

The total crypto market capitalization is $ 1.6 trillion. Bitcoin domination 60.5%.

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