Bitcoin exceeds $81,000 after exceeding $80,000 for the first time in history (2nd overall)

Industry: “Golden age of virtual currency… Tailwind expected for the next two years”

Bitcoin exceeds $81,000 after exceeding $80,000 for the first time in history (2nd overall)
Industry: “Golden age of virtual currency… Tailwind expected for the next two years” Trump [로이터 연합뉴스 자료사진. 재판매 및 DB 금지]” fetchpriority=”high”/> President-elect Donald Trump [로이터 연합뉴스 자료사진. 재판매 및 DB 금지]

(Brussels, Los Angeles = Yonhap News) Correspondent Bitna Jeong and Mina Lim = Bitcoin, the leader in virtual currency, broke its all-time high again thanks to the effect of former US President Donald Trump’s election.

According to Coinbase, an American virtual currency exchange, as of 1:25 p.m. Eastern time on the 10th, the price of one Bitcoin was traded at $81,110.99, up 6.22% from 24 hours ago.

Then, 10 minutes later, it was trading at $80,861, and although it faltered slightly, the upward momentum appears to be unabated.

The price of Bitcoin exceeded $80,000 for the first time at around 7 am on this day and continues to be extremely strong.

Bitcoin, which rose due to expectations of former President Trump’s election, surpassed the $75,000 level on the 5th, the day of the presidential election, breaking the all-time high price recorded in March in about 7 months.

Afterwards, it rose to the $76,000 level on the 7th and the highest point above $77,000 on the 8th.

Ethereum, another virtual currency, is also trading in the $3,200 range, up more than 6% today, after exceeding $3,000 the previous day.

Bitcoin and Ethereum have risen 18% and 32%, respectively, since Election Day, and Coinbase stock has surged 48% in the past week, showing the largest increase since January of last year.

Dogecoin, launched by Tesla CEO Elon Musk, also surged more than 40% this afternoon, hitting $0.30.

Previously, during the presidential campaign, President-elect Trump promised to ease regulations on virtual currency, unlike the current administration, such as saying that he would make the United States the ‘capital’ of virtual currency.

Accordingly, the industry expects that virtual currency will be significantly promoted in Trump’s second term.

U.S. business media CNBC said, “Multiple cryptocurrencies could gain much more from the crypto-friendly regulatory environment promised by President-elect Trump, which will be a priority in his inner circle.” “It appears to be,” he diagnosed.

“Cryptocurrencies are entering a golden age,” said Alex Son, head of research at cryptocurrency investment firm Galaxy Digital. “The propensity of Trump, his team, and donors to support cryptocurrencies increases the likelihood that he will deliver on his promises to the industry.” analyzed.

“In this environment, we expect Bitcoin and other digital assets to trade at significantly higher prices than their current all-time highs over the next two years,” he said. “What was once an oppressive headwind in the world’s largest capital market will now turn into a tailwind.” “It was predicted.

shine@yna.co.kr

[그래픽] Bitcoin price trend [그래픽] Bitcoin price trend (Seoul = Yonhap News) Reporter Kim Young-eun = Bitcoin, the leading virtual currency, broke its all-time high again thanks to the effect of former US President Donald Trump’s election. According to Coinbase, an American virtual currency exchange, as of 1:25 p.m. Eastern time on the 10th, the price of one Bitcoin was traded at $81,110.99, up 6.22% from 24 hours ago. 0eun@yna.co.kr X (Twitter) @yonhap_graphics Facebook tuney.kr/LeYN1 (End)
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