Subsequent Bitcoin Rally… I have crossed the Tesla market gun.

Input 2021.02.20 20:42

The price of bitcoin, a representative cryptocurrency (virtual currency), is marching high in Korea. Bitcoin’s market cap also surpassed 1 trillion dollars (about 1100 trillion won) for the first time. This is above the US electric car company Tesla’s market cap.

According to the domestic cryptocurrency exchange Upbit on the 20th, 1 bitcoin was traded at 65092,000 won at 10:17 am on the day. Since then, the price has risen to 65235,000 won. At Upbit, Bitcoin surpassed 60 million won by midnight the previous night.

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Bitcoin is also traded on other domestic cryptocurrency exchanges, such as Bithumb, Copax, and Corbit, at a price of over 64 million won each. Unlike the stock market, transactions are conducted on an exchange basis, so even the same type of cryptocurrency has a slightly different transaction price for each exchange.

According to CoinDesk, a cryptocurrency site, the overseas bitcoin price is recording 56,000 dollars (about 6182 million won) at the same time. On the night of the 16th, it has surpassed the 50,000 dollar mark for the first time, followed by the 51,000 dollar level on the 17th and the 52,000 dollar level on the 18th.

Bitcoin’s market cap also exceeded $1 trillion. Bitcoin price has soared 350% over the past six months, and has risen 64% only in February. The US economic media CNBC broadcast said that the $1 trillion market cap was an area that only a few companies achieved. Tesla’s market cap is $700 billion, and Apple has exceeded $2 trillion.

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