Bitcoin's price has exceeded the $40,000 mark for the first time.
As of the time of writing, bitcoin is changing hands at roughly $38,800 on Coinbase, per price data from the exchange. Coinbase saw a high above $40,400.
The movement above $40,000 — and the drop from that level — was similarly reflected by data published on TradingView:
On Wednesday, the collective market capitalization for all cryptocurrencies exceeded $1 trillion for the first time, according to data published by CoinGecko.