Bitcoin, Ethereum, Litecoin Rise To New Heights On Coinbase IPO Optimism, Inflation Fears 4.16.2021

In today’s news update — this week the leading cryptos, including Bitcoin and Ether, touched new highs in the wake of crypto wallet provider Coinbase’s Nasdaq IPO in the United States. It has been noted that Bitcoin reached a $1 trillion presumed market valuation (calculated by the value of all bitcoins in existence, that is) roughly in half the time it took Amazon to become a $1 trillion company. Amazing when it is put into perspective like that — although, of course, Bitcoin is not a stock or a company, so we may be comparing apples to oranges here.

Bitcoin values as of earlier on 4/16/21, via Google Finance (screenshot).

David’s new book: https://www.amazon.com/Winner-Take-All-Bitcoin-Ether/dp/B08Z4CNTVN/

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