Bitcoin ETFs Propel Market Cap Beyond $1 Trillion
In a monumental leap, Bitcoin has shattered its previous market cap records by surpassing the $1 trillion valuation mark on 14 February 2024. This milestone, the first of its kind since 2021, is predominantly attributed to the burgeoning interest and investments in spot Bitcoin ETFs. Following the SEC's green light in January 2024, Bitcoin has witnessed an unprecedented surge, marking a significant milestone in the cryptocurrency sector.
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