Bitcoin surpassed $ 57,000 today after hitting $ 54,500 on Friday. BTC, the world’s largest digital currency, hit an all-time high on the Kraken stock market, surpassing $ 57,000.
Institutions and celebrities are pushing bitcoin above $ 57,000 resistance
Bitcoin continues to rise as Tesla has allocated more than $ 1.5 billion to Bitcoin and MicroStrategy has raised more than $ 1 billion in convertible bonds to invest in BTC.
On Friday, Bitcoin hit a new price peak above $ 54,500. In addition to the growing interest from financial institutions, there has been interest in Bitcoin among US rappers and especially among celebrities such as Gene Simmons, the legendary lead singer of the KISS rock group, who recently entered Bitcoin, ADA, XRP and other cryptocurrencies.
Also, on Friday, Bitcoin’s market cap rose above $ 1 trillion.
Bitcoin becomes the 8th largest asset
According to CoinMarketCap data, the market value of Bitcoin on February 19 exceeded $ 1 trillion. At the time of writing, the total value reached $ 1,069,886,660,649.
Bitcoin now ranks in the top eight of the world’s largest market capitalized assets. Outstripped global giants such as Tencent, Tesla, Facebook, Alibaba.