New York: Bitcoin hit a new record high on Friday (Saturday in Manila) and surpassed $1 trillion in market capitalization, while European and United Sates equities were mixed as optimism over coronavirus vaccines and stimulus competed with inflation fears.
![](https://www.manilatimes.net/uploads/imported_images/uploads/2021/02/Bitcoin-Istanbul-Dec-800x532.jpg)
This Dec. 17, 2020 file photo shows a physical imitation of a bitcoin at the ‘Bitcoin Change’ cryptocurrency shop near Istanbul’s Grand Bazaar in Turkey. AFP PHOTO
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