New record: Bitcoin surpasses $1.6 trillion market cap

With Bitcoin’s new all-time high exceeding $81,000, its market cap has surpassed $1.6 trillion, fueling crypto’s ongoing bull market.

Supported by a new all-time high (ATH) market price above $81,000, the total market capitalization of Bitcoin crossed $1.6 trillion for the first time since its launch in 2009.

On Nov. 11, Bitcoin (BTC) reached a market capitalization of $1.62 trillion amid the ongoing bull market, concurrently bringing up the global crypto market cap to its former glory of $2.71 trillion, according to data from Cointelegraph Markets Pro and CoinMarketCap.

Bitcoin market capitalization hits $1.62 trillion. Source: CoinMarketCap

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