Bitcoin Rally to $42K Fueled by 'Panic Buying,' Pushes Crypto Market Cap Over $1.5T

Bitcoin Rally to $42K Fueled by 'Panic Buying,' Pushes Crypto Market Cap Over $1.5T Bitcoin hit a fresh yearly high of $42,000, pushing the market capitalization of all cryptocurrencies over $1.5 trillion for the first since May 2022.