Bitcoin trading volume was 7 times that of Apple in April as the cryptocurrency saw wild volatility …

April was a notable month for bitcoin as it jumped to a record high of $64,863.10 on April 14, the same day that Coinbase, the largest cryptocurrency exchange in the US, began trading as a public company.

Among the most high-profile backing of bitcoin so far in 2021 came from Tesla as the electric vehicle maker said it will accept the digital token as payment.

In April, bitcoin surpassed $1 trillion in market capitalization, reaching that milestone just 12 years after it began trading and in a shorter time than mainstream, traditional assets, according to research from CryptoParrot.

“Bitcoin’s significant trading volume against Apple shows the digital currency is now competing with established traditional asset classes.

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