Home » Bitcoin market cap reaches record high as price nears all-time high – Bloomberg

Bitcoin market cap reaches record high as price nears all-time high – Bloomberg

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Bitcoin market cap reaches record high as price nears all-time high – Bloomberg

The crypto asset (virtual currency) Bitcoin is on the verge of reaching a new all-time high, and believers in the asset are anxiously watching. However, in terms of market capitalization, Bitcoin has already reached an all-time high.

  coin geckoAccording to data, Bitcoin’s market capitalization reached $1.35 trillion (approximately 203.13 trillion yen), exceeding the peak of $1.28 trillion in November 2021. In the same month, the coronavirus bull market reached its peak, with Bitcoin rising to $68,991.85.

Bitcoin’s supply has been increasing since then, and its market capitalization reached an all-time high during its recent rally. Bitcoin fell 1% to $66,928 as of 1:30 pm Singapore time on the 5th (2:30 pm Japan time). At one point, the price was $68,804.

Related article:

Bitcoin Market Capitalization at Record High

Original title:Bitcoin Market Value Touches Record as Price Nears All-Time High(excerpt)

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