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Bitcoin market cap inches closer to $1 trillion as price breaches $52,000-mark

Shortpedia

Content Team
Image Credit: Shortpedia

As El Salvador adopted Bitcoin as legal tender, the price of the popular cryptocurrency breached the $52,000-mark after getting rejected at the $51,500 mark several times in the past few weeks. Bitcoin’s market capitalisation has surged to 991.2 billion whereas the trading volume is at around $985 million. With the crypto market inching closer to a $1 trillion market cap, the future looks green for the alts.