Bitcoin Hits $1 Trillion Value as Crypto Leads Other Assets
- Price of largest digital token surges to as much as $55,736.29
- Rally has stoked a more than 100% jump in crypto index in 2021
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Bitcoin’s market value reached $1 trillion for the first time, a surge that’s helping cryptocurrency returns far outstrip the performance of more traditional assets like stocks and gold.
The largest digital-asset has added more than $450 billion of value in 2021 to more than $1 trillion, data compiled by Bloomberg show. The Bloomberg Galaxy Crypto Index, which includes Bitcoin and four other coins, has more than doubled.