Bitcoin, the world’s most valuable cryptocurrency and market cap. The latest continuous record breaks $ 50,000 or about 1.54 million baht if since the beginning of the year the value has increased by 43%.
Many government agencies and banks warn about the risks of digital assets. But small investors continue to invest.
The 2021 jump comes after billionaire Elon Musk’s Tesla company. Over 1.5 trillion US dollars of cash invested in bitcoin.
Bitcoin’s growth currently has a market capitalization of approximately US $ 961 billion, equivalent to 9% of the total gold market cap.
Bitcoin’s future
Bitcoin is the most famous digital currency. But no other technology It supports in addition to being used for buying or selling only. That leaves analysts unable to estimate the true value. Or it could be an asset that has no value
In other words, the present value of bitcoins is caused by people who believe it is worth. With price sensitivity Number of people holding bitcoins Including the profit expectation from soaring value. These factors put the risk of a massive sell-off at the same time.
Another view of investors believes that bitcoins are valued because of the decentralized blockchain system. This includes a limited amount of bitcoins of 21 million and is expected to replace gold in the future.
The origin
