Bitcoin's market capitalization has surpassed that of silver
The capitalization of the first cryptocurrency exceeded $1.4 trillion after the Bitcoin rate set a new historical record on Monday, March 11, surpassing $72,000.
Since the beginning of the year, BTC's market capitalization has doubled. The growth is explained by the approval of spot Bitcoin ETFs in the United States and the upcoming halving in April 2024.
Against the backdrop of rising Bitcoin prices, the daily volume of liquidations on futures on the digital asset market amounted to over $330 million. The vast majority occurred on trading pairs with Bitcoin ($96.49 million) and Ethereum ($54.50 million).
