Hard to believe it but true; the most famous digital currency has risen some 869% year-to-date. Bitcoin jumped to an all-time high of $9,721.
“The move appears to be retail driven,” said Brian Kelly, CEO of BKCM, who runs a digital assets strategy. The largest bitcoin exchange in the U.S., Coinbase, added something around 100,000 accounts between Wednesday and Friday to a total of 13.1 million.
Still, with the digital currency rise, many analysts have talked about a price bubble when commenting about bitcoin. For example, Jamie Dimon, JPMorgan Chase CEO, said people who buy bitcoin are “stupid” and sooner or later will “pay the price for it”.
Last week, a poll among CFOs showed that almost a 30% of 43 respondents believed bitcoin was “real but in a bubble”. 27.9% of the respondents thought the cryptocurrency was simply a “fraud”. 14% said they believed bitcoin is “real and going higher”.
Bitcoin is now worth seven times an ounce of gold. Its market capitalization is higher than IBM, McDonald’s or Disney.
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Table of contents
MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
-
EUR/USD
1.04
Trade-0.47% -
USD/JPY
154.77
Trade+0.4% -
AUD/USD
0.65
Trade-0.11% -
GBP/JPY
193.93
Trade-0.03% -
GBP/USD
1.25
Trade-0.43%
-
Shopify Inc.
106.97
Trade-0.13% -
Tesla, Inc.
352.42
Trade+3.6% -
NVIDIA Corporation
141.89
Trade-2.91% -
Amazon.com, Inc.
197.1
Trade-0.68% -
ThyssenKrupp AG
3.79
Trade-2.37%
-
Gold
2712.05
Trade+1.59% -
Crude Oil WTI
71.11
Trade+1.54% -
Crude Oil Brent
74.65
Trade+1.01% -
Silver
31.31
Trade+1.78% -
Natural Gas
3.27
Trade-7.21%
-
US 100
20789.48
Trade+0.51% -
GER 30
19345.8
Trade+0.82% -
US 30
44353
Trade+1.09% -
US 500
5974.97
Trade+0.44% -
JP 225
38620.5
Trade+1.04%
-
Valkyrie Bitcoin Fund (BRRR)
28.1
Trade+1.68% -
Daily Junior Gold Miners Index
45.06
Trade-0.85% -
20+ Year Treasury Bond ETF
90.39
Trade-0.11% -
S&P 500 ETF
595.51
Trade+0.34% -
Bitwise Bitcoin ETF (BITB)
54.06
Trade+1.68%
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