[시황] Bitcoin temporarily exceeds $40,000… Institutional demand continues to occur

[출처: 두나무]

In the US stock market, investment sentiment improved significantly as the Democratic Party seized the Senate and Biden confirmed the victory in Georgia state elections. Eco-related stocks, which used to be biden’s theme, showed a surge in the market. At the same time, the tech lead also moved together. The NASDAQ index exceeded 13,000 for the first time. Both the Dow and Bitcoin also hit record highs. Governor St. Yeon expected that inflation would rise faster than expected. Long-term government bond yields are also rising. Oil prices rose due to Saudi Arabia’s reduction of 1 million barrels, along with concerns about a reduction in shale production as the possibility of transitioning to new and renewable energy policies increased. Gold also closed higher on stimulus and inflation concerns.

The corona trend is becoming more serious with the rapid spread of the variant corona from the UK and South Africa. In particular, the number of seriously-stage patients exceeded 132,000 in the United States. The WHO warned that “the spread of coronas could cross a critical point and become out of control.” The US vaccine has completed 6 million doses, with 21 million doses supplied.

In the US-China issue, the US State Department has created a new cybersecurity agency targeting China and Russia.

The cryptocurrency market continues to rise due to the influx of bitcoin buying. Institutional demand, temporarily exceeding $40,000, continues to occur. In addition, the number of so-called’whale’ wallets, which are wallets owned by 1000 BTC or more, has increased to an all-time high. With the CME Bitcoin futures position exceeding $1.5 billion, the market cap of cryptocurrencies deposited in DeFi (decentralized finance) has grown to more than $22 billion. Meanwhile, XRP rose by about 50% from the low point due to the inflow of a backlash from the decline. The Ripple Foundation tried to settle before the SEC’s prosecution. In Korea, Shinhan Group launched KDAC, a bitcoin consignment service.

※ This article was written based on data from Fair Square Lab, a digital asset research organization. This is an investment reference only, and Joindie is not responsible for investment decisions.