INSUBCONTINENT EXCLUSIVE:
The market cap of all cryptocurrencies rose 10 per cent to $1.042 trillion on January 7Bitcoin Price News: Cryptocurrency bitcoin jumped
It topped $30,000 for the first time on January 2, after breaching the $20,000 mark on December 16
seeing a continued demand spike driven largely by sustained and unprecedented institutional interest, showing no sign of abating as we move
emerged as a rival to gold and could trade as high as $146,000 if it becomes established as a safe-haven asset
last two months.Bitcoin is also the first and largest cryptocurrency by market capitalisation
since entering a four-digit value for the first time in 2013
Several major banks are exploring the possibility of allowing the issuance of virtual currencies
However, bitcoin is still a new-age asset and not yet recognised as legal by many banks
Bitcoin is equivalent to cash but is in electronic form
