Bitcoin soars through $40,000 towards last month's peak

in hive-116221 •  4 years ago 

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Bitcoin topped $40,000 in a rally that helped the market value of digital tokens scale a new peak.

The largest cryptocurrency rose nearly 7 per cent to $40,498 on Saturday, taking it closer to early January's all-time high of almost $42,000. The value of more than 6,000 tokens tracked by CoinGecko hit about $1.23 trillion.

The jump comes after another volatile week in cryptocurrencies marked by Elon Musk's support for Bitcoin and a record run-up in Ether, the second-largest token. Billionaire Mr Musk also 


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