Cryptocurrencies top $1trn amid surge for Bitcoin 

Cryptocurrency is gaining traction with mainstream investors who are increasingly convinced Bitcoin will be a long-lasting asset, and not a speculative bubble

Bitcoin has jumped over 900% to $38,655 in the latest session, from $3,850 in March

The total market value of all cryptocurrencies rose above $1 trillion (€812bn) for the first time as Bitcoin surged to a record high, according to data by crypto coin trackers CoinMarketCap and CoinGecko.

Bitcoin has jumped over 900% to $38,655 in the latest session, from $3,850 in March, as governments increase speed to blunt the economic impact of the coronavirus.