Greed

Solana

Bitcoin

when

Dogecoin

<p>Bitcoin, the pioneering crypto, achieved a significant milestone when its market cap surpassed $1 trillion. This feat marked a historic moment in the evolution of digital currencies, highlighting Bitcoin’s growing influence and adoption in the global financial landscape.&nbsp;</p>
<p>The journey to this milestone was characterized by remarkable growth, propelled by factors such as increasing institutional interest, heightened retail investor participation, and growing recognition as a store of value.&nbsp;</p>
<h2 class="wp-block-heading" id="bitcoin-makes-good-on-the-bull-rally">Bitcoin makes good on the bull rally</h2>
<p>Bitcoin’s circulating supply surpassed $1 trillion in market value subsequent to its price exceeding $51,000. As of this moment, the value of Bitcoin (BTC) stands at $51,199.42, reflecting a 2.7% increase since yesterday and a decrease of 0.7% from an hour ago.&nbsp;</p>
<p>The present value of BTC is 19.6% greater than its value from seven days ago. The aggregate traded volume of Bitcoin over the preceding twenty-four hours was $42,944,868,077.</p>
<p>The global crypto market cap currently stands at $2.01 trillion, reflecting a change of 2.33% over the last twenty-four hours and 87.05% over the past year. BTC currently holds a market capitalization of $1.01 trillion, signifying a dominance of 50.04%. Stablecoins, meanwhile, have a market cap of $138 billion, or 6.87% of the total crypto market cap.</p>
<p>At the time of writing, BTC’s Fear and Greed Index is 74 – Greed</p>
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   <p lang="en" dir="ltr">Bitcoin Fear and Greed Index is 74 – Greed<br>Current price: $51,318 <a href="https://t.co/cvC5nsrsjb" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/cvC5nsrsjb</a></p>— Bitcoin Fear and Greed Index (@BitcoinFear) <a href="https://twitter.com/BitcoinFear/status/1757721383927501071?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">February 14, 2024</a>
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<p>The impact of increased positive investor sentiment — spurred by a persistent bull market and spot Bitcoin exchange-traded fund (ETF) approvals in the United States, among other things — is being felt throughout the ecosystem.</p>
<p>Previously, <a href="https://www.cryptopolitan.com/bitcoin-fear-greed-index-hits-all-time-high/" rel="noopener noreferrer nofollow">Bitcoin</a> reached the $1 trillion market cap milestone in November 2021, after a bull run that propelled BTC to a brief all-time high of $69,000. At the same time, the bull run spread throughout the crypto ecosystem, resulting in a combined market capitalization of $3 trillion in crypto.</p>
<p>The increase in Bitcoin investments at both the individual and institutional levels assisted Bitcoin’s sustained price gain. Bitcoin weathered a surprisingly strong US inflation print, which roiled global markets by diminishing expectations for speedy interest rate cuts.</p>
<p>In contrast, the S&amp;P 500 Index fell 1.4%, its worst CPI-day performance since September 2022, while gold fell and bond yields rose as traders reduced prospects of a Federal Reserve rate drop before July.</p>
<h2 class="wp-block-heading" id="crypto-market-performance">Crypto market performance</h2>
<p>The crypto market surge is just getting started, according to crypto analysts. The so-called Bitcoin halving, which is expected to take place in April, will reduce the supply of the largest digital asset, a scenario that many see as a price boost based on past history.</p>
<p>Bitcoin has tripled since the beginning of last year, marking a return from the 2022 digital-asset collapse. Wagers in the options market show that traders are looking to break the record of nearly $69,000 set in November 2021.</p>
<p>How are the other coins performing? Ethereum (ETH) is worth $2,748.59 today, up 0.2% from an hour ago and 3.0% from yesterday. The value of ETH today is 16.9% greater than it was seven days ago. In the last 24 hours, the total volume of Ethereum exchanged was $23,116,222,467.</p>
<p>Solana (SOL) is valued at $115.31 today, down 0.2% from an hour ago and up 1.5% from yesterday. The value of SOL now is 21.7% more than it was 7 days ago. In the last 24 hours, the total volume of Solana traded was $2,662,510,623.</p>
<p>Cardano (ADA) is currently at $0.5725, up 0.7% from an hour ago and 3.5% from yesterday. The value of ADA today is 19.5% more than it was seven days ago. Cardano’s total trading volume in the previous 24 hours was $517,802,318.</p>
<p>Dogecoin <a href="https://www.coingecko.com/en/coins/dogecoin/usd" rel="noopener noreferrer nofollow" target="_blank">(DOGE)</a> is currently worth $0.08296, down 0.0% from an hour ago and up 0.8% from yesterday. The value of DOGE today is 5.9% greater than it was 7 days ago. The total volume of Dogecoin exchanged over the last 24 hours was $459,904,925.</p>

Bitcoin hits mind-blowing milestone – soars past $1 trillion market cap

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