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Bitcoin Rally Continues Above $55,500

M. Ali 20 February, 2021 2:02 am Cryptocurrency, Market Update

Bitcoin rose on Friday, extending its recent rally of new surges to unprecedented record high levels.

The biggest cryptocurrency rose by 6.78% over the next 24 hours to $55,584.60.

The digital currency has extended its gains over the past seven days to around 17.20%.

In addition, Bitcoin reassured its position as the world’s largest cryptocurrency in terms of market capitalization, with its market cap exceeding $1 trillion and reaching $1.038 trillion.

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