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According to CoinMarketCap, which averaged the prices of major exchanges traded in dollars on the 3rd, as of 11:11 am on the day, the bitcoin price is trading at around $35,954, which is nearly 7% higher than 24 hours ago. At one time during the week, it rose to $36,258.
Accordingly, the market cap of Bitcoin rose to $667.3 billion, and the market cap increased by $59.4 billion (about KRW 66.18 trillion) in the last two days. The Ethereum price also rose more than 12% to recover $1500, and XRP also surged more than 42%, trading at $0.3878.
At the same time, according to Bithumb, a representative domestic exchange that trades in Korean won, the price of bitcoin rose more than 2% compared to 24 hours ago, rising above 38 million won.
The rebound in the bitcoin price is attributed to the rise of major risky assets, such as the international oil price jumping to the highest level in a year while the New York Stock Market is showing an upward rally thanks to the preference for risky assets.
In addition, MicroStrategy, a U.S. enterprise software company listed on Nasdaq, whose stock price is soaring by investing most of its cash in bitcoin, raised the price by saying that it has invested an additional $10 million in bitcoin.
The company’s chief executive Michael Sailor (CEO) said on his Twitter, “We currently have 71079 bitcoins, which is worth $1.45 trillion, which we bought for $16,109 per bitcoin.” This includes the recent purchase of 295 more for an average of $33,808.