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It has since slid back down to $1,969, a 2% drop over the last 24 hours.

Still, that hasn’t soured its general upward trajectory; the coin increased in price by almost 7% over the last week.

The biggest news to come out of Bitcoin this week was that institutional interest is still surging after Bitcoin finally secured a market capitalization of $1 trillion.

That’s down more than 5% drop in the last 24 hours