Bitcoin sets new record, hits $81,00, surpasses $1.6 trillion market cap

For the second consecutive day, Bitcoin, on November 11, 2024 set a new record, hitting $81,000. This latest development is coming barely 24 hours after the coin hit $80,000 on Sunday, November 10, 2024.

Supported by a new all-time high (ATH) market price above $81,000, the total market capitalization of Bitcoin crossed $1.6 trillion for the first time since its launch in 2009.

Also, on Nov. 11, Bitcoin reached a market capitalization of $1.62 trillion amid the ongoing bull market, concurrently bringing up the global crypto market cap to its former glory of $2.71 trillion, according to data from Cointelegraph Markets Pro and CoinMarketCap.