The cryptocurrency Bitcoin's market capitalization exceeded $1 trillion for the first time, CNBC reported.
On the morning of the 20th, Bitcoin is trading at the $54,000 range, up more than 3% compared to 24 hours ago.
Bitcoin price has surged 350% over the past six months.
It is analyzed that the recent surge was fueled by the New York Melon Bank in the US announced that it would handle bitcoin, and that Tesla, an electric car company, bought bitcoin and announced that it will accept it as a payment method in the future.