Forbes (March 4)
“The bitcoin price has topped $60,000 per bitcoin, making it a $1 trillion asset again,” reigniting concerns of possible fallout on the economy should its price tumble. Still, the wind appears to be with bitcoin. “Bank of America analysts have warned the U.S. debt load is about to ramp up to add $1 trillion every 100 days—fueling a bitcoin price surge.”
Tags: $1 trillion, $60k, 100 days, Analysts, Asset, Bitcoin, BoA, Concerns, Debt load, Economy, Fallout, Reigniting, Tumble, U.S.
Forbes (May 19)
“As bitcoin and crypto traders come to terms with the huge price crash that’s wiped $1 trillion from the combined crypto market since April, fears are mounting that more pain could be on the way if stock market contagion spreads.”
Tags: $1 trillion, Bitcoin, Contagion, Crash, Crypto market, Fears, Pain, Price, Stock market, Traders
USA Today (August 2)
Apple just became the first U.S. company to achieve a $1 trillion valuation, which seems rather unfathomable at first. “For $1 million you could buy a very nice one bedroom apartment in San Francisco. With $1 trillion, you could buy a very nice apartment for everybody in the city (San Francisco’s population is close to a million).” But hopefully Apple will “write a check because there’s just over a trillion dollars currently in circulation in the U.S.”
Tags: $1 trillion, Apartment, Apple, Circulation, First, San Francisco, U.S., Valuation
