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The total market capitalization of Bitcoin’s circulating supply surpassed $1 trillion as its price surged above $51,000, with the current circulating supply of 19,627,443 BTC, reaching 93.46% of the total capped at 21 million BTC.
On Tuesday, cryptocurrency values experienced a significant decline as Bitcoin decreased by 3% to $48,385, having surpassed the $50,000 mark just the day before.
In November 2021, Bitcoin reached a significant milestone with a market capitalization of $1 trillion, which resulted in a historic moment as the combined market value of all cryptocurrencies reached $2 trillion.
Also Read: Bitcoin L2s Will Drive The Crypto Market In 2024
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