Home » Business » Bitcoin’s all-time record high… Virtual asset stock ‘exciting wind’|Dong-A Ilbo

Bitcoin’s all-time record high… Virtual asset stock ‘exciting wind’|Dong-A Ilbo

Bitcoin surpasses $81,000 for the first time in history

On the 7th, when Bitcoin is hitting record highs every day following the news of former President Donald Trump’s victory in the US presidential election, prices for Bitcoin and other virtual currencies are displayed on the electronic display board of the Upbit Customer Center in Gangnam-gu, Seoul. 2024.11.07. Newsis As Bitcoin, the leading virtual asset, surpassed $81,000 for the first time in history due to the effect of U.S. President-elect Donald Trump, domestic virtual asset-related stocks are also soaring.

According to the Korea Exchange on the 11th, as of 9:23 am, Woori Technology Investment, which holds a stake in Upbit operator Dunamu, is trading at 10,300 won, up 690 won (7.18%) from the previous trading day.

At the same time, Hanwha Investment & Securities and Hanwha Investment & Securities Woori are also trading at 3,820 won and 7,820 won, respectively, up 280 won (7.75%) and 870 won (12.52%) from the previous trading day.

Bithumb Korea-related stocks such as Galaxia Money Tree (11.20%), Wigit (7.96%), and T Science Pick (117.59%) are also rising. T Scientific holds a 7.17% stake in Bithumb Korea, the operator of Bithumb.

Previously, the price of Bitcoin was traded at $81,110.99 at 6:30 pm GMT on the 10th (local time) (3:30 am on the 11th, Korean time), up $4,937, or 6.48%, from the previous day. Bitcoin has been rising at a frightening rate as if the ceiling had burst after the election of cryptocurrency-friendly Republican candidate Donald Trump. Bitcoin, which exceeded $75,000 on the 5th, broke through $76,000 on the 7th and $77,000 on the 8th.

In Korea, it broke the previous record by exceeding 111 million won in Korean won. As of 8:50 a.m. on this day, Bitcoin recorded 111.49 million won on Bithumb, a domestic virtual asset exchange, up 1.72% from 24 hours ago. At the same time, it was traded at 111.44 million won on Upbit, up 4.85%.

Earlier, at the Bitcoin conference in Nashville, Tennessee, President-elect Trump promised to provide little regulation of the virtual asset market and ensure cheap electricity supply for new Bitcoin mining.

The stock market predicted that the rally would continue as the Trump trade continued. Byeong-jin Hwang, head of FIC Research at NH Investment & Securities, said, “The situation where industrial activity has been contracted may be reversed as the Biden administration continues to enforce tough regulations. “In the digital asset industry, the US will not lose its leading position, which will revitalize the industry and improve suppressed investment sentiment,” he said. “If the most important event this year was the approval of the US Bitcoin spot ETF, next year we will see the effects of Trump’s deregulation.” “The market will focus on this,” he predicted.

Hyundai Motor Securities Research Center said, “With the election of President Trump, the use of Bitcoin spot exchange-traded funds (ETFs) is expected to increase due to the deregulation of virtual assets,” and added, “Investment and market size growth are expected by fostering the virtual asset industry.” .

[서울=뉴시스]

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