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BTC$49 161.99

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Ethereum
ETH$4 118.25

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BNB$562.05

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Bitcoin market cap briefly tops $900 billion


12 Feb 2021

#Bitcoin

Bitcoin’s market cap was less than $100 million short of $1 trillion for a few brief moments today. Bitcoin is closing in on a trillion dollar market cap, with the total value of all Bitcoin crossing $900B for the first time today as the price hit new record highs.

Bitstamp, one of the oldest Bitcoin exchanges still in operation, recorded a peak price of $49,000, resulting in a fleeting market cap of $912.69 billion. Bitcoin is currently priced at $47,250 per coin, up 5% over the last 24 hours and 28% in the last seven days. A market cap of $900 billion represents the addition of $354 billion in 2021 alone. The previous all-time high for Bitcoin’s market cap was set on Feb. 8, when it topped out at $888 billion.

Bitcoin currently accounts for 61% of the total market cap of all cryptocurrencies, which also reached all-time highs as the majority of top altcoins moved up alongside Bitcoin. The market cap of all cryptocurrencies peaked at $1.463 trillion today – gaining 88.5% in 2021 so far after starting the year at $776 billion.

According to CompaniesMarketCap, a website that ranks the world’s most traded assets by their market capitalization, Bitcoin is now the ninth biggest asset in the world, overtaking Facebook and Tesla in the last week. When placed on a list of nations by GDP, Bitcoin’s $900 billion falls in between the countries of Mexico ($1.04 trillion) and the Netherlands ($886 billion).

The fresh highs for Bitcoin come on the day of the approval of the first Bitcoin ETF in North America, the same week as news emerged Tesla bought $1.5B of BTC, and amid a regulatory atmosphere that has been increasingly friendly toward cryptocurrency-related developments in fintech.

Earlier this month, the Biden administration created a buzz in the crypto community by appointing some crypto-friendly personalities to high positions, potentially signaling the opportunity for a greater degree of cooperation between regulatory forces and blockchain-based enterprise.

Source


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 72.8% 50 $49 161.99 -7.54% -9.53% $928 742 493 274 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 82% 36 $4 118.25 -1.26% 1.66% $488 463 723 885 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 81.6% 31 $562.05 -4.26% -3.43% $93 750 994 329 BNB 7 days price change
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5 Solana (SOL) SOL Solana predictions 71.2% 62 $194.24 -5.56% 4.14% $59 368 624 845 SOL 7 days price change
6 Cardano (ADA) ADA Cardano predictions 62.8% 72 $1.39 -9.32% -7.63% $46 190 331 305 ADA 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 92.4% 2 $0.999949 -0.06% 0% $40 047 875 279 USDC 7 days price change
8 XRP (XRP) XRP XRP predictions 66.8% 66 $0.828762 -9.19% -9.91% $39 156 782 219 XRP 7 days price change
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15 Binance USD (BUSD) BUSD Binance USD predictions 95.2% 1 $1.000707 0.05% 0.10% $13 610 041 795 BUSD 7 days price change

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