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Elon Musk 's Tesla converted said Friday that he was cash into bitcoin earlier this year and said it would said bitcoin's rally is unsustainable. The oldest bank in the United States, the Bank of New York Mellonannounced earlier this month that it was moving into the space.
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Bitcoin Breaks $50000 \u0026 Almost 1 Trillion Market CapBitcoin hit an impressive milestone, surpassing a $1 trillion market cap. Even more astounding is the time it took � just 12 short years. The cryptocurrency's market value surged passed $1 trillion on Friday, according to Coindesk. It was trading at under $ per coin as it hit this new. NEW YORK/LONDON (Reuters) - Bitcoin hit a market capitalization of $1 trillion as it rose to yet another record high on Friday.