Bitcoin climbs at all -time high – for the first time over $ 125,000
The Bitcoin has increased for the first time via the $ 125,000 mark.
Values in this article
currency
97,715,3771 CHF 352.4215 CHF 0.36%
104,680,3718 EUR 416.1547 EUR 0.40%
91,296,4135 GBP 489.7297 GBP 0.54%
18,352,147,2557 JPY 307,805,9134 JPY 1.71%
122,731,1833 USD 351.0325 USD 0.29%
The world’s oldest and best-known cryptocurrency climbed on Sunday morning on the Bitstamp trading platform up to $ 125,426 (106,137 euros). In the further course, the course was just under $ 125,000.
Large investors buy Bitcoin
According to experts, there are several reasons for the new all -time high. On the one hand, more and more institutional investors are investing their money in Bitcoin – even if some early investors will check out and separate from Bitcoin stocks. The Bitcoin course course is also powered by expectations that the US Central Bank will continue to reduce interest rates in the United States. The calculation is that investors at low interest rates for classic systems are more willing to take a higher risk and invest in Bitcoin.
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Gold and digital gold
Alternative investments such as Bitcoin – but also classic value memory such as gold – also benefit from the political uncertainties in the USA, which have arisen, among other things, by the budget lock. Some analysts also establish the Bitcoin rally with a historical chart analysis: For over a decade, October has been one of the strongest months in the Bitcoin year of Bit. In the period since 2013, the course in the course of October has only fallen in two years (2014 and 2018), which is why Bitcoin fans also speak of the “Uptober”.
According to the recent price increase of the provider Coinmarketcap, the market capitalization of Bitcoin is around $ 2.5 trillion. The Bitcoin continues to dominate the market of digital currencies. This currently has a total value of almost $ 4.3 trillion.
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Berlin (dpa-Afx)