The dust of US $1.9 trillion stimulus policy has settled, and cryptocurrency has become a haven for inflation, showing a significant rise. Bitcoin continued to jump in early trading, hitting $61800, a new high throughout its history.
With bitcoin breaking through the historical high of US $58326, digital currency has become the focus of the market. Different from the carnival of retail investors in 2017, bitcoin has increasingly attracted the attention of many institutional investors.
Bitcoin's crazy rise in the past few months has forced big players on Wall Street to reassess the cryptocurrency.
Up to now, it has been recognized by multinational institutions, and Tesla and Citibank have successively announced the purchase of bitcoin in a high profile. Moreover, according to the data of paxful and paybis, a comprehensive report has been released, showing that more than 120 businesses support bitcoin payment. Recently, Rakuten, a Japanese e-commerce giant, announced that all its Japanese stores support the use of bitcoin and Ethereum.
On March 5, Matthew McDermott, head of digital assets at Goldman Sachs, said there was a huge demand for bitcoin investments. 40% of the respondents have been exposed to cryptocurrency, 76% believe that by the end of this year, the price of bitcoin will be between 40000 and 100000, and 22% believe that the price of bitcoin will exceed 100000 US dollars.
61% of customers expect their digital asset holdings to increase in the coming year. |