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Bitcoin News

Bitcoin’s Market Capital hits $1 Trillion, BTC Tops $51,000

Bitcoin decreased by 3% to $48,385, having surpassed the $50,000 mark just the day before.

Written By Dishita Malvania
Published February 14, 2024 5:04 PM·Updated 1 year ago
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Bitcoin Leads Surge in Weekly NFT Sales Topping $423 Million

The total market capitalization of Bitcoin’s circulating supply surpassed $1 trillion as its price surged above $51,000, with the current circulating supply of 19,627,443 BTC, reaching 93.46% of the total capped at 21 million BTC. 

Bitcoin Chart
Bitcoin Chart | Source: CoinGecko

On Tuesday, cryptocurrency values experienced a significant decline as Bitcoin decreased by 3% to $48,385, having surpassed the $50,000 mark just the day before.

In November 2021, Bitcoin reached a significant milestone with a market capitalization of $1 trillion, which resulted in a historic moment as the combined market value of all cryptocurrencies reached $2 trillion.

Also Read: Bitcoin Dominance Drops to 61.6% as ETH, Altcoins Gain Momentum

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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