Bitcoin regains $1 trillion market cap as the cryptocurrency hits over two-year high

  • The value of all the bitcoin in circulation, or market capitalization, on Wednesday rose above $1 trillion for the first time since late 2021, according to CoinMarketCap data.
  • Bitcoin also broke through the $51,000 level, marking the first time it has hit this price since December 2021.
  • The price rise continues a rally that began in January last year. This year alone, bitcoin is up more than 21%.

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