[코리아포스트 한글판 김진수기자] On the morning of the 2nd (Korean time), Reuters reported that the price of bitcoin, a cryptocurrency leader that exceeded 58,000 dollars each, and broke the highest price, fell by 6% again.
According to Reuters, as of 7:11 pm on the day, bitcoin is trading at 54,000 dollars (about 650,000 won), down 6% from 24 hours ago.
Ethereum, the second-largest cryptocurrency, also plunged 7% after high.
Reuters said Bitcoin traders analyzed that no clear cause was found that triggered the price decline, and that it appears to be a technical correction following the recent surge.
“Last weekend’s rally is not sustainable,” said Joseph Edwards of London-based cryptocurrency brokerage Enigma Securities. “This week is likely to lead to a bearish market and small corrections.”
The day before, Elon Musk, Tesla’s chief executive officer (CEO), said in a Twitter comment that “money is better than bitcoin and cash” by Peter Sheiff, CEO of Europacific Capital, a leading bitcoin skeptic. “It’s just the data that’s done, but the price of Bitcoin and Ethereum seems to be high.”
Foreign media interpreted this as saying that Musk’s CEO, who recently bought $1.5 billion worth of bitcoin through Tesla, sparked a rise in prices, admitted to overheating the market.
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