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Bitcoin’s Market Value Passes $1 Trillion Again Amid Risk Rally

  • World’s largest cryptocurrency advanced as much as 5.2%
  • Digital asset reached a record of $58,350 in February
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Explain This: Bitcoin's Wild Ride
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Bitcoin advanced for a fourth day, pushing the digital asset’s market value back above $1 trillion, amid surging optimism in financial markets.

The world’s largest digital asset rose as much as 5.2% before trading around $57,000 as of 12:23 p.m. in New York. It passed $1 trillion for the first time in February on its way to a record high of $58,350.