Bitcoin’s market value hits $1 trillion for first time ever as the cryptocurrency continues to rise – NEWS.com.au

Bitcoins market value surged past the $US1 trillion ($A1.27 trillion) mark for the first time as the worlds largest cryptocurrency continued its staggering rally.The milestone came as the price of a single bitcoin rose to an all-time record of $US54,827 ($A70,000) shortly before noon, putting it up about 5.6 per cent from a day earlier, CoinDesk data show.
That means bitcoin is now worth more than all but a handful of the world’s publicly traded companies and accounts for roughly 61 per cent of…

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