Bitcoin price surges 24% as crypto retakes $1tn market cap

Bitcoin price surges 24% as crypto retakes $1tn market cap

Only one week ago bitcoin was still hovering around the $17,000 mark. Photo: Getty

Bitcoin (BTC-USD) broke through the $21,000 mark in early Monday trading, a considerable price movement from a low of $16,000 at the beginning of the year.

The world’s largest digital asset by market capitalisation surged almost 25% in a week to $21,069. Only one week ago bitcoin was still hovering around the $17,000 mark.

The price hike was echoed by other cryptocurrencies, with ethereum (ETH-USD) up 20% in a…


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