
On Monday, August 9, the first cryptocurrency surpassed the $46,000 level for the first time since its fall in May.

Bitcoin's market capitalisation has surpassed the $860bn mark, according to CoinMarketCap. The total cryptocurrency market has surpassed $1.9 trillion, according to CoinGecko.

Recall that on 9 August, Bloomberg Intelligence senior commodity strategist Mike McGlone predicted the first cryptocurrency to rise to the $100,000 mark.
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