Bitcoin's price has risen. Image: Shutterstock
The price of Bitcoin, the world's first and most popular cryptocurrency by market capitalisation, again hit the $14,000 mark today.
After breaking that barrier and surging to $14,028 on Oct 31, the 12th anniversary of the publication of the Bitcoin white paper, Bitcoin was unable to sustain the price—its highest since January 2018.
But that was a whole three days ago. A lot has happened since, with the U.S. expecting initial election results from several states, including Georgia and Virginia at 7 p.m. (ET).
Following a COVID-induced dip to around $4,000 in March, Bitcoin has marched steadily upward, posting nearly 50% gains since this time last year.
The stock market, meanwhile, has been topsy-turvy. Though the Dow Jones Industrial Average scored a 2% increase today as investors show confidence in the election result—whatever it might be—the Dow remains more or less where it was a year ago: down about 0.05%.
But New York stock markets are closed today and won't reopen until tomorrow, at which point we may have a better idea of who will be president for the next four years, Donald Trump or Joe Biden. They won't move again until then.
Cryptocurrency markets, however, never sleep. Expect the Bitcoin price to react in real-time as results trickle out throughout the night, though what that price movement means is up to interpretation.
Source: Decrypt
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.