$56.3K Bitcoin price and $1T market cap signal BTC is here to stay
Cointelegraph
Published Feb 19, 2021 05:44PM ET
Updated Feb 20, 2021 08:20PM ET
As Bitcoin (BTC) price pushed above $55,300 in the morning trading session, its market cap surpassed $1 trillion for the first time on Feb. 19. The breakout continued throughout the day and within the past hour BTC price hit another all-time high at $56,368.
Now that Bitcoin has cemented its status as a trillion-dollar asset among the likes of Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOGL), legacy banks are showing increasing interest in offering cryptocurrency custody services for their customers.
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Written By: Cointelegraph
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