Bitcoin remains the most valuable single cryptocurrency, with a market cap of $1.1 trillion; what’s good for Bitcoin tends to be good for the rest of the market.

The tech company MicroStrategy, helmed by CEO Michael Saylor, has become a kind of ringleader in the space, pouring more and more of its own treasury into Bitcoin, and encouraging others to get on board. And billionaire bagholders/influencers like Tesla CEO Elon Musk and the Winklevoss twins have been co-leading the charge.

The price of a single Bitcoin hit an all-time high of over $61,000 last month. On this day last year, the price was around $7,000.