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S&P 500
5,718.57
(
0.28%
)
US TECH 100
19,323.20
(
0.13%
)
Dow Jones
42,124.65
(
0.15%
)
Brent Oil
73.48
(
-0.55%
)
Bitcoin
63,300.61
(
-0.51%
)
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John Smith Kalk

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John Smith Kalk

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Tuesday, 04/06/2021 4:20:33 AM

Tuesday, April 06, 2021 4:20:33 AM

Post# of 672
The cryptocurrency fever has been taking hold of both institutional and retail clients over the recent months, stimulating demand for crypto assets like Bitcoin. The beloved cryptocurrency, Bitcoin, recently reached a new milestone on Monday by holding at a USD 1 trillion market cap for one week. The digital currency was last up 2.85% to USD 58,880.37 at the time of writing.A substantial surge in Bitcoin’s value pushed the total market cap of cryptocurrencies to USD 2 trillion on Monday. The market cap surged as gains over the past several months attracted interest from both retail and institutional investors.Tesla’s move follows digital payments company PayPal’s decision in 2020 to permit its customers to sell, buy and hold the crypto asset - Bitcoin from PayPal accounts directly. Encouraging the use of Bitcoin more thoroughly, PayPal has recently accepted Bitcoin for merchant payment.





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