However, around 12:25 Central European Time, bitcoin according to a specialized website CoinDesk again it fell below $ 68,000 and traded for $ 67,726. Even so, today’s numbers broke the record in mid-October, when the price of bitcoin rose to $ 66,974.
The second largest cryptocurrency, ethereum, sold $ 4,815 at the same time, a 1.5 percent increase in 24 hours. Before that, it reached the current maximum of $ 4,839.92.
“We feel the market has changed,” said Matthew Dibb of Stack Funds, which manages cryptoactive assets. He pointed to increased demand from large investors and even pension funds. “People are now finding that having no position, not even a very small one, is probably not good for further development, so they buy cryptoactive assets at the current price,” he added.
Cryptocurrencies have been strengthening since last month, when the first ETF, which focuses on bitcoin futures, was launched in the United States.
“Cryptocurrencies are a place where fast money is made,” said Chris Weston, who leads research at Pepperstone Brokerage.
In April, bitcoin reached a value of almost $ 65,000. In June, it fell below $ 30,000 due to criticism of its energy intensity and China’s crackdown on cryptocurrencies. But then he began to recover.
The growth of bitcoin also attracted billionaire and Tesla boss Elon Musek
Source: E15.cz by www.e15.cz.
*The article has been translated based on the content of E15.cz by www.e15.cz. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!