Bitcoin has proven to be consistent and resilient in the last months and this new year.
The value of bitcoin last year alone grew by over 300%, and has set quite a number of records. In the same vein, 2021 has been good as it seems to have collected the baton of all-time records from 2020 and has broken records consistently since then.
This year, bitcoin has surged and crossed the $30k mark, a price value that seemed unlikely to achieve in December 2020.
The recent spike in the value of bitcoin shockingly happened while the US Capitol was under attack by pro-Trump protesters on Wednesday night who intended to hinder the confirmation of Joe Biden as the US President.
This phenomenon shows that bitcoin is gaining more relevance, and resistance economic and political crisis.
The current price of bitcoin is $38,536.53, climbing up by 11.82% in the last 24 hours. Bitcoin has a current market cap of $716.50B and market volume of $73.35B. In the last 24 hours, bitcoin has dropped to $34,268.42. Currently, 18,593,631.25 bitcoins are in circulation.
Stats and Image from Coin Desk
On another news, the cryptocurrency market capitalization has now crossed $1 trillion. This simply means that the combined price of all cryptocurrencies, including Bitcoin, Ethereum, XRP and others is about 1% of all the money in the world.
Also, bitcoin miners are now making $33 million per day as revenue, a rate which has increased by 90% since December last year.