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February 25, 2021
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Bitcoin

Bitcoin recovers quickly, reaches $ 41,740 and exceeds Tesla’s market cap

Bitcoin (BTC) returned to $ 40,000 on January 8, after a brief dip just under the mark.

Cointelegraph Markets information, Coin360 and TradingView confirmed that BTC / USD went up and recovered the psychological value during the purchase and sale of that Friday and thereby exceeded Tesla’s market value.

After a 9% drop after reaching a new historic high, Bitcoin remained in decline only a few hours before resuming its bullish sentiment. Thereafter, the largest cryptocurrency by market value not only returned to its historic high, but delivered a new one – $ 41,740.

“It seems that today’s loss was only to bring down the weak,” summarized a trader.

Market values ​​of Tesla and Tencent topple over Bitcoin

Bitcoin also surpassed the market capitalization of Tencent and even “dear” Tesla when it reached the impressive mark of $ 41,780 per currency, reaching a new historic high.

Information CoinMarketCap and Companies Market Cap confirmed that Bitcoin’s value today is among the 6 largest companies by market value.

As BTC / USD surpassed the $ 41,000 mark, Bitcoin’s market capitalization has grown to unprecedented ranges, reaching $ 775 billion.

At the same time, Tesla appreciated 7.9% of the daily purchase, and even so it was overtaken by Bitcoin.

Who is lagging behind is the great Chinese Tencent, who with $ 716 billion bowed firmly to the Bitcoin momentum. Tencent previously had a higher price than Tesla.

Source: technicalripon

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