Post
Topic
Board Speculation
Re: Bitcoin price hits $55K, reaching a $1T market cap faster than Amazon & google
by
Yaunfitda
on 20/02/2021, 22:08:17 UTC
Bitcoin’s market capitalization pushed above the $1 trillion level. This milestone occurred less than a year after its market cap dipped below $100 billion on Black Thursday and the move to a new all-time high took place right as BTC price is on the verge of overtaking $55,000. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/02/20/bitcoin-price-hits-55k-reaching-a-1-trillion-market-cap-faster-than-amazon-and-google/
Bitcoin has already overcome the $55k as it price hit above the said price, this is just another millstone from bitcoin, we are going to see more highs in bitcoin price soon. Sometimes i disagree with those comparing the Gold and Silver to Bitcoin because they have different time frame existence, bitcoin just clock at 12 year while the aforementioned products have been in existence, so, why comparing bitcoin to the likes of gold and silver?.
Yes, perhaps it's just a comparison to other commodities like Silver and then To Gold for being mine and store of value. As far as the trillion market, another milestone for a very young market. And we could be hitting even higher this year as this bull run can't stop and we don't know what will be the top price of this year. $60k-$100k is the next target and we will see that marketcap growing big as we march towards 2021-2022.