The price of bitcoin, the leader of cryptocurrency (cryptocurrency), surpassed 35,000 dollars for the first time on the 6th, Bloomberg News reported.
According to the actual cryptocurrency site CoinDesk, the price of 1 bitcoin is moving at around $35,000 as of 3:25 pm (Korean time) on this day.
As a result, the price of Bitcoin, which quadrupled last year, reached a high of $34,792 on the 3rd of this month, and then fell 17% the next day, but again hit the highest level two days later.
JPMorgan Chase’s analysis that the price of bitcoin could reach $146,000 in the long run stimulated investor sentiment, and the market’s overall risk appetite was also observed to boost the trend.
Vijay Iyal of the Singapore cryptocurrency exchange Luno said the bitcoin market is a clear bull market right now.
However, there are still quite a few perspectives raising questions about the value of Bitcoin.
New York University professor Nouriel Rubini appeared on Yahoo Finance Live on the 24th of last month and argued that “the price of bitcoin is entirely manipulated by a group of people,” saying it is “a speculative rise” regarding the rise of bitcoin.
Bitcoin also surpassed $20,000 in 2017, reached a record level at the time, and fell to $3,000 in early 2019.
Meanwhile, Jed McCallove, co-founder of another cryptocurrency Ripple (XRP), sold 1.2 billion XRP, which is about 27% of Ripple last year, for $0.34 per coin, and said that Cointelegraph.com collected more than 400 million dollars. It was reported on this day, citing’Fail Alert’.
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