Reference News Network reported on February 11Foreign media said that Bitcoin approached $50,000 for the first time on the 9th, while the U.S. dollar fell.
According to a report by Agence France-Presse New York on February 9, the price of Bitcoin once soared to a record high of 48,215.83 US dollars (1 US dollar is about 6.4 yuan-this net note), this is due to Elon Musk special Sla Corporation invested 1.5 billion US dollars in this cryptocurrency to stimulate the news.
After that, Bitcoin fell back to a level close to $47,335.
“The Briefing” website analyst Patrick O’Hare said: “Indeed, the good days of the capital market are coming. They behave as if the money is too much and they don’t know how to spend it, so they continue to do what is already working: invest money To risk assets.”
According to a Reuters report in New York on February 9th, Bitcoin hit a record high on the 9th, approaching the $50,000 milestone, thanks to Musk’s Tesla investment in Bitcoin. This move convinced investors that cryptocurrency could become a mainstream asset class.
According to reports, this most popular cryptocurrency has soared by 1150% since hitting a low in March 2020, as institutional investors are looking for alternative investment targets, while retail investors have taken a ride. Only 5 years ago, the price of Bitcoin was only a few hundred dollars.
The blockchain data analysis company Glassnode stated in the latest report that the limited supply of Bitcoin implies that the virtual asset will rise further.Return to Sohu to see more
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