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Bitcoin surpasses $90,000 for the first time, New York stock market ‘taking a breath’ - News Directory 3

Bitcoin surpasses $90,000 for the first time, New York stock market ‘taking a breath’

November 13, 2024 Catherine Williams News
News Context
At a glance
  • Due to the influence of Trump's re-election, the price of one Bitcoin exceeded $90,000 for the first time, setting another record high.
  • The New York stock market, which had been continuing the 'Trump rally', appears to have taken a breather.
  • Bitcoin, a representative virtual currency, once surpassed its all-time high of $90,000.
Original source: imnews.imbc.com

◀ Anchor ▶

Due to the influence of Trump’s re-election, the price of one Bitcoin exceeded $90,000 for the first time, setting another record high.

The New York stock market, which had been continuing the ‘Trump rally’, appears to have taken a breather.

This is reporter Lim So-jeong.

◀ Report ▶

Bitcoin, a representative virtual currency, once surpassed its all-time high of $90,000.

There was a lot of profit taking, and it briefly fell to the $85,000 level, but it is rising again.

The domestic transaction price is also 120 million won, the highest ever.

One site that introduced the ‘Fear and Greed Index’ for virtual assets evaluated that it had surpassed the 80 mark in 7 months and entered the ‘extreme greed’ section.

The starting point for the surge is the US presidential election.

It rose by nearly 30% in one week from the 5th to the 12th, the day of the presidential election.

This is because Trump made unconventional promises during the campaign, such as using Bitcoin as a strategic asset.

[도널드 트럼프/당시 미국 대통령 후보 (지난 7월)]

“We plan for the United States to become the cryptocurrency capital of the planet and the Bitcoin superpower of the world.”

This is due to expectations that the virtual industry as a whole will benefit, and there are also predictions that it may exceed $100,000 by the end of the year.

The New York stock market, where the so-called ‘Trump rally’ continued, appears to be taking a breather.

The Dow Jones, S&P 500, and Nasdaq indices, which finished trading at the highest closing price while breaking all-time records for four consecutive trading days the previous day, faltered, falling slightly compared to the previous day.

Meanwhile, Tesla’s stock price, which soared after Trump’s election and broke its 52-week high, also turned downward.

This is Lim So-jeong from MBC News.

MBC News awaits your reports 24 hours a day.

▷ Phone 02-784-4000
▷ Email mbcjebo@mbc.co.kr
▷ Kakao Talk @mbc report

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