Bitcoin hits $1 trillion in market value as cryptocurrency surge continues

[superadmin]

• Bitcoin’s market value surpassed $1 trillion on Friday, according to Coindesk.
  
• The digital currency was trading at just under $54,000 per coin as it hit the new level.
  

The price of bitcoin crossed another major milestone Friday, as the cryptocurrency’s market value surpassed $1 trillion, according to Coindesk.

The digital currency was trading at just under $54,000 per coin Friday as it hit the new level, and rose above $55,000 later in the session for a daily gain of more than 6%, according to Coin Metrics. The price of bitcoin has now gained about 360% over the past six months. Before the recent surge, the digital asset has never traded above $20,000.


- More -