The capitalisation of Bitcoin keeps the figure at the level of $1 trillion for 10 consecutive days.
From the report of Glassnode analysts, we learned that the main cryptocurrency managed to maintain its market capitalisation for the first time more than 1 trillion for so long. This marks a strong boost of confidence in the main cryptocurrency in the market and cryptocurrencies as an asset class.
Analysts did not pass by the fact that more than 1.95 million Bitcoins or more than 10% of their market volume moved when the capitalisation broke through the mark of $1 trillion. In addition, Glassnode stressed that the level of $50,000 received from the cryptocurrency community was the greatest support within the network since the price of Bitcoin was $11,000.
Now the main cryptocurrency is worth $58,650 on the Binance exchange, and its market capitalisation reached 1.098 billion, according to CoinMarketCap.