A major Bitcoin owner, also known as a Bitcoin whale, has made big purchases again. Demand for the new fund products in the USA is also higher than ever. What’s behind the run on the oldest cryptocurrency.
Bitcoin holders from the Eurozone can hardly complain anymore: the Bitcoin price exceeded the 50,000 euro mark on Tuesday night. On Tuesday morning, a unit temporarily cost 51,700 euros. Only in November 2021 was Bitcoin even more expensive in euros: back then you had to pay almost 57,000 units of the common currency for one Bitcoin. In several countries – Turkey, Nigeria, Argentina, but also Japan – Bitcoin has long since reached a record high again. In the USA there isn’t much left either: in dollar terms, a Bitcoin was recently quoted at 57,000, the record is 68,000 dollars.
What is currently driving the price so immensely?
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