Bitcoin grew by 8% per day, reaching $ 54.3 thousand.Its capitalization again exceeded $ 1 trillion

0
179

Last updated on December 8th, 2022 at 02:52 pm

Bitcoin grew by 8% per day, reaching $ 54.3 thousand.Its capitalization again exceeded $ 1 trillion

Bitcoin resumed its growth, exceeding $ 54 thousand per token. Data from the Coindesk exchange evidence this. Since March 8, its price has increased by almost $ 5 thousand, and its capitalization has again exceeded $ 1 trillion.

bitcoin
bitcoin

The daily growth of the cryptocurrency was more than 8%, and the peak value at the moment reached $ 54.3 thousand. However, this figure is far from the record of $ 58 thousand, which was registered on February 22.

In a conversation with Bloomberg, experts noted that the current surge in bitcoin is very different from the bubble of 2017. Goldman Sachs believes that cryptocurrency is gaining popularity among organizations. Evercore ISI strategist Rich Ross believes that bitcoin is now in a “strong position,” and its price can reach $ 75 thousand per token.

This is the second time that cryptocurrency capitalization has exceeded $ 1 trillion. The last time it happened on February 19 – then bitcoin’s cost crossed the $ 55 thousand mark. By comparison, the holding company Alphabet (owned by Google) is worth $ 1.36 trillion.

Also Read:   Bitcoin has risen again, and large investors will continue to invest in it
Don’t forget to leave us a comment below and let us know what you think! Share Our Website for Technology News , Health News , Latest Smartphones , Mobiles , Games , LifeStyle , USA News & Much more...