The world’s No. 1 cryptocurrency hit a record high on Friday, propelling it to a market value above $1 trillion for the first time ever.
A single bitcoin BTCUSD, +7.53% jumped to a record at $$53,910.44, based on prices tracked by CoinDesk, briefly bringing its total market capitalization to a peak at $1,002,547,798,785, according to data from research company CoinMarketCap.com.
Source: Bitcoin market value tops $1 trillion for first time ever as crypto price soars – MarketWatch
