Bitcoin Price Spike Targets the $40K Handle, Crypto Economy Recaptures $1 Trillion Market Cap

Bitcoin Price Spike Targets the $40K Handle, Crypto Economy Recaptures $1 Trillion Market Cap


Crypto asset markets have seen some significant gains over the last 24 hours recapturing much of the losses suffered a few days ago. The entire crypto-economy valuation is now back over the $1 trillion mark and bitcoin has jumped above the $40k handle on January 14.

Bitcoin (BTC) and a number of other digital assets have experienced some nice price gains during the last day. Gains that have almost erased the losses felt on Sunday and Monday. Bitcoin’s market capitalization today is around $734 billion, and the crypto asset has gained over 11% during the last 24 hours. At the time of publication, BTC is exchanging hands for prices between $39,200 to $39,700 per unit, and has $23 billion in global trade volume today. Ethereum (ETH), the second-largest market cap has gained over 11% today as well and is swapping for $1,236 per ether.

On January 14, 2021, the BTC/USD price touched a high of $40,113 per unit. At

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