Posted 3/6/2024, 5:35:00 PM
Bitcoin Market Cap Nears $1.35 Trillion as Prices Surge to New Highs
- Bitcoin market cap nears $1.35 trillion, approaching that of silver, as prices hit new highs
- Factors driving bitcoin's rise include SEC approval of ETFs, safe-haven demand, and wider adoption
- Bitcoin accounts for close to 54% of the overall cryptocurrency market
- Prices reached $69,045 on Tuesday before profit-taking brought them back down to around $66,000
- The previous bitcoin price record high was $68,990 in November 2021