BitTorrent soars 30% to new all-time high, $5B market cap: What's behind the rally?
Cointelegraph
Published Mar 31, 2021 12:45PM ET
Updated Mar 31, 2021 02:20PM ET
BitTorrent (BTT), the native token of the popular peer-to-peer file-sharing protocol BitTorrent, has surged nearly 30% in the past 24 hours.
The rally took the valuation of BTT to over $5.2 billion, making it the 24th most valuable cryptocurrency by market capitalization. What's more impressive, the token's value has increased more than ten-fold in the past two months.
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Written By: Cointelegraph
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