
Bitcoin image. <한겨레> material
The price of cryptocurrency bitcoin surpassed 70 million won per piece for the first time on a domestic exchange on the morning of the 14th. Looking at the trading situation of Bithumb on the cryptocurrency exchange, 1 bitcoin is about 70577,000 won as of 9 am on the day. At Bithumb, bitcoin rose to 70874,000 won at one time after surpassing 70 million won at 5:13 am. On another exchange, Upbit, bitcoin recorded 70 million won at 5:24 am and is trading at 70.55 million won. It once rose to 71 million won. In Coinone and Corbit, Bitcoin is being traded at over 70 million won. Unlike the stock market, cryptocurrency is traded on an exchange basis, so even if it is the same type, the transaction price is slightly different for each exchange. Bitcoin also exceeded $60,000 in dollar terms for the first time ever on the 13th (local time). 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 continues to rise after announcing in October last year that US online payment company PayPal will allow cryptocurrency to be used as a payment method. It is also a factor that Tesla, an electric vehicle company in the United States, announced a policy to purchase bitcoin worth $1.5 billion (about 1.7 trillion won) last month and accept it as a payment method. Twitter CEO Jack Doshi also created a fund to support the development of Bitcoin as an online currency. Senior Reporter Kim Young-bae [email protected]