Bitcoin's market value tops $1 trillion
CNN
The trillion-dollar market value has a new member: bitcoin. The total number of bitcoins trading are now collectively worth more than $1 trillion.
That's because the price of a bitcoin hit a number of new all-time highs Friday. One bitcoin currently costs nearly $53,400 -- and there are about 18.6 million bitcoins in circulation according to Coinbase. (The total number of bitcoin eventually available is capped at 21 million.) Of course, it's not an apples-to-apples comparison to look at bitcoin versus big firms with sky-high valuations like Apple. But for what it's worth, only four companies in the United States currently are worth more than bitcoin: Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Google owner Alphabet (GOOGL).
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