Bitcoin Market Valuation Skyrockets above $200 Billion; What’s Driving It?

The bitcoin market capitalization on Tuesday skyrocketed above $200 billion for the first time since January 2018.
The price of the world’s first and foremost cryptocurrency surged from $4,092 to as high as $11,470 in just less than three months. Earlier before, bitcoin has dipped as low as $3,404 during the first quarter of 2019, with its market capitalization around $59 billion. The cryptocurrency is now trading more than 200 percent higher in terms of year-to-date performance while look