Cryptocurrency investors, especially in the last few days, are perhaps happier than they’ve ever been. Because almost all cryptocurrencies, especially Bitcoin, started to rise with a serious acceleration. The fact that Bitcoin, which ignited the fuse, increased by almost $ 3,000 in minutes and exceeded $ 55 thousand, directly affected other cryptocurrencies. So why did this happen?
Bitcoin was accumulating in the range of 50 thousand to 52 thousand dollars on October 6 (yesterday). At around 16:10, the cryptocurrency, which made a sudden rise, stood at $ 55 thousand 170. Bitcoin, which continues to accumulate after this sharp rise, is traded at $ 54 thousand 589 as of 11:10 today. What caused this rise was the disclosure of an investment information.
This is how the sharp rise in Bitcoin was reflected on the price charts
The thing that threw Bitcoin over $ 55 thousand in minutes was world-famous businessman George Soros. According to the information revealed, the company of the businessman, who has investments in many parts of the world, bought Bitcoin. This news enabled the crypto money markets to revive. Investors, who have been in a very difficult situation for a while, have taken a sigh of relief with the recent upward movements.
How is the latest situation in the markets?
When we look at the prices on Coinmarketcap, we see that everything is fine in the crypto money markets. Because almost all of the world’s most popular cryptocurrencies are in a serious upward trend. In this context; Ethereum can be purchased at $3,598 and Binance Coin at $449. The only altcoin that lost value among the 10 most popular cryptocurrencies is Dogecoin, supported by Elon Musk. This cryptocurrency is currently trading around 25 cents.
This content is not investment advice.
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