Meteoric growth: Bitcoin keeps beating its own best, shooting past $57,000 ...News

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Meteoric growth: Bitcoin keeps beating its own best, shooting past $57,000
The price of the world’s most valued digital asset has surged past $57,000, breaking the previously set record in less than 12 hours. Bitcoin has demonstrated a nearly nine-percent day-by-day increase, according to CoinDesk. On Friday, the cryptocurrency rose to a record $56,600, taking its weekly gain to 18 percent. So far this year, it has surged more than 92 percent, with Friday’s rise pushing its market valuation to $1 trillion. The enormous inflows of the past week have seen the market capitalization of bitcoin soar above that of some of the world’s corporate majors, including China’s largest enterprise. Globally, the world’s digi

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