Tesla Year’s global financial company
Ransom soared in payment method review
Wall Street “may go up to $100,000”
Photo = Reuters
On the 16th, the price of bitcoin, the great leader of cryptocurrency, exceeded 50,000 dollars (about 55 million won) for the first time. Recently, Tesla CEO Elon Musk announced that it had bought $1.5 billion worth of bitcoin (about 1.68 trillion won), and there is an analysis that the price is continuing to rise.
According to Bloomberg on the day, Bitcoin reached $5689 at 7:30 a.m. Eastern time (9:30 p.m. Korean time), surpassing $50,000 for the first time. This year, the rise has reached 73%. In the domestic virtual currency exchange, Upbit and Bithumb, bitcoin surpassed 55 million won for the first time on this day.
Bitcoin, which ended the year at $29,000, rising 170% annually last year, surged again earlier this year and surpassed $40,000 for the first time on the 8th of last month. After that, it fell back to the 30,000 dollar level, but it rebounded in February.
In the recent surge, Musk’s announcement was a catalyst. When he announced on the 8th that he “purchased $1.5 billion worth of bitcoin” and “will accept bitcoin as a payment method,” the bitcoin price soared more than 16% on that day alone.
Global financial companies are also releasing related products, acknowledging Bitcoin as a payment method. Recently, Mastercard and New York Melon Bank have announced their willingness to invest in bitcoin. Mastercard has a plan to include some cryptocurrencies in its payment system. New York Melon Bank, the oldest bank in the United States, also decided to create a business unit that will help customers issue and hold digital assets such as bitcoin. Morgan Stanley also commented that Bitcoin could be added to the list of investable assets.
On Wall Street, it is also predicted that Bitcoin could soar to $100,000 in the future. “In the long run, the price of bitcoin is likely to exceed $100,000,” said Mike McGloon, Bloomberg Intelligence Product Strategist.
Reporter Seol Ji-yeon [email protected]
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