Bitcoin's market capitalization has crossed the $1 trillion milestone for the first time after over a decade's development as it gains increasing mainstream attention. Bitcoin's price set new record highs above $53,700 around 19:38 UTC on Friday following a 4.1% 24-hour increase. It comes just days after it surpassed $50,000 for the first time. Data from CoinGecko shows the circulating supply of bitcoin is around 18.63 million units as of writing, which, at the current price level, are worth $1 trillion. The price movements follow an increasing number of investments into the asset class from mainstream institutions. ... (full story)