​Bitcoin market price exceeded 50 million won… more than doubled in 3 months

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According to CoinMarketCap on the 9th (Korean time), Bitcoin is trading at $45,149.61 (about 5,061 million won), up 18.35% from the previous day as of 8:20 am on the day.

It is interpreted that the price of bitcoin is soaring as the news that Tesla, an electric vehicle company, has purchased bitcoin worth $1.5 billion (approximately 1,681.5 billion won).

According to the US economic media CNBC, Tesla said it had bought bitcoin from data submitted to the US Stock Exchange (SEC).

Elon Musk, Tesla’s Chief Executive Officer, has publicly expressed his support for Bitcoin. On the 27th of last month, he changed his Twitter account introduction to’#bitcoin’.

Bitcoin is showing a sharp rise every day as cryptocurrency is evaluated as a safe asset due to the spread of a novel coronavirus infection (Corona 19).

Bitcoin price exceeded 20 million won for the first time in about three years in November last year when Corona 19 deepened. On this day, three months after breaking through the 20 million won wall, it surpassed the 50 million won high, which more than doubled.

The price of Ethereum, one of the top three cryptocurrencies, also surged more than double compared to last month. Ethereum is trading at $1,725.61 (about KRW 1.93 million), up 8.58% from the previous trading day at this time.

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