Bitcoin breaches $64,000 mark

Bitcoin breached the $64,000 level for the first time as investor demand for all things crypto surged amid Coinbase Global Inc.’s public debut.

The direct listing of the biggest U.S. crypto exchange is seen pushing tokens even more into the mainstream of investing, exposing legions of potential buyers to the digital asset class that have grown into a $2 trillion industry in little more than a decade. Bitcoin, the original and biggest crypto coin, is valued at more than $1 trillion alone after a more than 800% surge in the past year.

Other digital assets also advanced on Wednesday. Ether, the second-largest cryptocurrency, climbed to a record, while Bitcoin Cash jumped more than 10% at one point.