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(Paris = Yonhap News) Correspondent Hye-ran Hyun = The price of bitcoin, the leading cryptocurrency leader, rose above $60,000 (about 68 million won) for the first time in history on the 13th (local time).
Bitcoin price hit $62,000 at 11:49 a.m. (GMT) on the same day, and then fell below $60,000, according to AFP.
Bitcoin prices rebounded again from the beginning of this month, which fell sharply in the aftermath of the negative evaluation of US Treasury Secretary Janet Yellen after recording $50,000 on the 16th of last month.
Bitcoin price rose in earnest after the US online payment company PayPal announced in October last year that it would allow cryptocurrency to be used as a payment method.
In addition, Tesla, a U.S. electric vehicle company, announced a policy to purchase bitcoin worth $1.5 billion (about 1.7 trillion won) last month and accept it as a payment method, which acted as a catalyst.
Jack Doshi, Twitter Chief Executive Officer (CEO), an avid supporter of cryptocurrency, also created a fund to support the development of bitcoin as an online currency with rapper Jay-Z.
Bitcoin price, which was born in 2009, just after the global financial crisis, rose 1,000% over the past year as speculative demand as well as interest from financial institutions and businesses, according to Bloomberg.
Cryptocurrency advocates say that bitcoin has become a stable asset like “digital gold,” while skeptics believe that the price of bitcoin has a bubble that can be quenched at any time.
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2021/03/13 22:49 sent