That’s because one bitcoin (XBT) is now worth more than $40,000 — double the value from a little more than three years ago. The value of all bitcoins in circulation is now more than $740 billion and the total value for all cryptocurrencies is more than $1 trillion, according to CoinMarketCap.
Investors have flocked to bitcoin in recent months as the cryptocurrency has gone mainstream.
Square (SQ) and PayPal (PYPL)now let their users buy and sell bitcoin. Top money managers including Paul…
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