Bitcoin Rally Takes Crypto Market Value to New Record
- Combined value of over 6,000 digital coins tops $1.2 trillion
- Saturday’s Bitcoin jump comes in volatile week for crypto
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Bitcoin topped $40,000 in a rally that helped the market value of digital tokens scale a new peak.
The largest cryptocurrency rose more than 7% to $40,658 at 12 p.m. in New York Saturday, taking it closer to early January’s all-time high of almost $42,000. The value of more than 6,000 tokens tracked by CoinGecko hit about $1.23 trillion.