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Bitcoin shoots past $40,000 for the first time ever

Bitcoin shoots past $40,000 for the first time ever

Bitcoin’s price has exceeded the $40,000 mark for the first time.

As of the time of writing, bitcoin is changing hands at roughly $38,800 on Coinbase, per price data from the exchange. Coinbase saw a high above $40,400.

The movement above $40,000 — and the drop from that level — was similarly reflected by data published on TradingView:

On Wednesday, the collective market capitalization for all cryptocurrencies exceeded $1 trillion for the first time, according to data published by CoinGecko.

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Michael McSweeney


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