Bitcoin Hits All-Time High to $41,000

Bitcoin rose about 10% during trading on Friday, topping the $41,000 level for the first time ever.

The world's largest cryptocurrency broke the $40,000 barrier yesterday for the first time in its history.

Bitcoin has risen more than 35% since the start of this year, with increasing demand from investors, fearing losing the opportunity for strong gains from the digital currency.

Bitcoin jumps pushed the total market value of cryptocurrencies to $1 trillion higher, for the first time ever yesterday.

By the end of trading, Bitcoin was up about 9.9% to $41,270.

Ethereum rose 4.2% to $1248.6, while Tether settled at $1.

While XRP Ripple fell by about 8.6% to the level of $0.329, while Litecoin rose by about 3.5% to $170.8.

During the same period, the market value of cryptocurrencies rose to $ 1.091 trillion, compared to $1.040 trillion 24 hours earlier.