Bitcoin breaks down to $32,000 after breaking $34,000

[서울=뉴스핌] Reporter Lee Hong-gyu = Cryptocurrency (virtual currency) The price of bitcoin exceeded the 33,000 dollar mark and once exceeded 34,000 dollars. However, after failing to settle, it was pushed back to the 32,000 dollar level.

According to CoinDesk, the price of bitcoin at 8:3 a.m. on the 4th of Korea time rose 3.0% from the day before to $3,2971.87 each.

In the afternoon of the previous day, bitcoin attempted to settle after surpassing $34,000, and then retreated to the level at the beginning of $32,000 in the morning. After that, he tried to recover from the 33,000-dollar level by increasing the height, but it has been pushed back.

Bitcoin updated the reported price to $34,366.15 at 4:44 pm the day before. On the same day, it exceeded $34,000 in less than a day after hitting the $33,000 mark. Bitcoin rose more than 300% last year alone.

Bitcoin price daily trend [자료= 코인데스크]

The Financial Times (FT) reported that while trading in major financial markets has not yet opened this year, bitcoin has resumed a dizzying rise in the first few days of January, rising more than 10%.

Marcus Swanepoel, CEO of cryptocurrency trading platform Luno, said, “Even the most bullish of Bitcoin supporters, you couldn’t have expected that most would skyrocket in such a short time.”

He added, “In light of the pattern that has achieved such a milestone, that is, the point that it has steadily risen rather than a single-shot spike, I think it has laid the foundation for very good performance this year.”

Some warns that the situation of 3 years ago, when it soared and then suddenly collapsed, will be reenacted over the strong rise of Bitcoin.

Economist Nouriel Rubini once said of Bitcoin as “a pure speculative asset and bubble with no fundamental value,” FT said.

Bitcoin [사진= 로이터 뉴스핌]

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