Bitcoin Market Cap Surpasses $1 Trillion After 2 Years — That’s Bigger Than GDP Of Netherlands, Switzerland Or UAE
Bitcoin (CRYPTO: BTC) has made a comeback, soaring past the $52,000 mark in early morning trading sessions. What Happened: This surge comes despite a brief setback attributed to a concerning inflation report from the United States. Current figures from CoinGecko show Bitcoin trading at $52,243, marking a 1.36% increase over the last 24 hours. For the first time since December 2021, Bitcoin’s market capitalization has reached $1 trillion. The rise in Bitcoin’s performance comes as the newly launched spot Bitcoin ETFs, which have been operational for one month. These funds have experienced net f…