Bitcoin Hits $54K; Market Cap Crosses $1 Trillion For The First Time Ever 


The Bitcoin price has been on a steady rise, continuously pulling in new highs in recent weeks. Speaking on the rise, popular analyst and creator of the stock-to-flow model, PlanB, believes that the Bitcoin takeover is inevitable. According to the analyst, money loses value in the “old world” because governments debase fiat currencies for warfare and welfare. Noting further, PlanB said:

“In the new world #bitcoin increases in value, because math caps the monetary base at 21M BTC. The new world is eating the old world right now.”

Image Credits: Pixabay

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