Home » Business » Close to $90,000 ‘Extremely Greedy’… “Am I the only one behind?” Is investing too hot?

Close to $90,000 ‘Extremely Greedy’… “Am I the only one behind?” Is investing too hot?

◀ Anchor ▶

The virtual asset market is heating up every day.

The price of one Bitcoin approached $90,000, breaking the all-time high, and also over 120 million won in Korea.

The market capitalization of global virtual currencies has also exceeded $3 trillion.

Reporter Kim Geon-hwi reports.

◀ Statement ▶

Bitcoin, a representative cryptocurrency, jumped to an all-time high of nearly $90,000.

One site that introduced the ‘Fear and Greed Index’ for virtual assets assessed that it had crossed the 80 mark in 7 months and entered the ‘extreme greed’ category.

The starting point for the increase is the US presidential election.

It rose 28% in six days from the 5th to the 11th, the day of the presidential election.

This is because Trump made unconventional promises during the campaign, such as using Bitcoin as a strategic asset.

[도널드 트럼프/당시 미국 대통령 후보 (지난 7월)]

“We expect the United States to be the cryptocurrency capital of the planet and the world’s Bitcoin superpower. ”

This is due to the expectation that the virtual industry as a whole will benefit, and it is also expected that it could exceed $100,000 by the end of the year.

The domestic trade price is also 120 million won, the highest ever.

There is also a view of the phenomenon known as ‘FOMO’, which refers to the fear of being left behind if one does not invest in a rapidly rising virtual asset.

[정효석]

“(In the US and other countries), Bitcoin is seen positively, so I thought I should follow suit, so I bought it.”

[이윤서]

“I saw friends around me who suddenly made a lot of money using coins.

Experts say that it is impossible to predict how long the trend will continue, saying that there is no good news except the election of Trump.

[조재우 교수/한성대 블록체인연구소장]

“I believe that Bitcoin will continue its upward trend to some extent.

Financial authorities are also closely monitoring the situation because the virtual asset market could be swayed by a small number of wealthy people who have a lot of virtual currency.

This is Kim Geon-hwi from MBC News.

Video broadcast: Na Gyeong-un / Video editing: Kim Jong-un

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2024-11-12 11:10:00
#Close #Extremely #Greedy.. #investing #hot

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