On February 19, bitcoin reached a market capitalization of USD 1 trillion, a figure almost five times higher than that of the second most valuable cryptocurrency: ethereum. There are currently more than 8,400 cryptocurrencies and bitcoin remains the leader in the virtual currency market. On February 19, 2021, its price reached the all-time high of USD 54,405. Bitcoin has been a financial phenomenon for weeks. In just one year its value has skyrocketed and is reaching record trading levels. That momentum of bitcoin responds to the acceptance it has gained among investors and conventional companies. Some of them are the automaker Tesla, the multinational financial services company Mastercard and the US holding of investment banking services BNY Mellon. Cryptocurrency is digital money, which is created through computerized code. That means there are no physical coins or bills. They also do not have intermediaries, they are completely decentralized. In other words, it works through a dispersed peer-to-peer network, which replaces an authority such as a central bank. On February 19, the capitalization of bitcoin surpassed USD 1 trillion, a figure almost five times higher than that of the cryptocurrency ethereum, whose market capitalization has reached USD 224,591 million. These are values reported by CoinMarketCap, a digital platform that tracks the performance of cryptocurrencies. Ethereum is the second largest cryptocurrency by volume and market capitalization. On February 19, it reached a record price of USD 1,957, with an increase of almost 1,400% so far in 2021.