Can you believe the $ 146,000 planned for Bitcoin?



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Bitcoin has reached new records after breaking the level of $ 56,000 in recent hours, the highest level ever recorded by virtual cryptocurrency.

Previously, the ‘Bitcoin’ currency rose to break through the $ 56,101 level, but was up 9% in the last few hours to settle on Saturday morning at $ 55,681. As the total market value jumped to the level of $ 1,038.5 billion, according to the platform “CoinMarket Cup”.

And these high records for the currency “Bitcoin” may lead to expectations of the International Investment Bank “JP Morgan”, which predicted in a research note from the first of last month, that the currency will achieve significant additional gains in the long run. term to reach 146 thousand dollars, as it competes with gold to attract investment flows.

He pointed out that the market value of Bitcoin could increase 4.6 times to a notional price of $ 146,000, to match the total private sector investment in gold through exchange-traded funds or bullion and gold. rooms.

In terms of the combined gains of digital currencies, it has jumped 3.4% in the past few hours, gaining around $ 56.4 billion, after rising from the $ 1,662 billion trading level on Friday to around 1,718.4 billion. billion dollars in Saturday morning trading. .

Second, the currency “Ethereum”, which has jumped in recent hours by 5.6%, reaching the level of 2011 $, its highest level ever. The total market value increased to $ 231.8 billion.

And the currency “Binance Coin” ranked third after jumping nearly 120% over the past week, but has risen 21.2% in the past few hours to settle at $ 289 in the morning trading. The total market value was approximately $ 45.4 billion.

In fourth place came the currency “Polka Dot”, which rose 24.4% to $ 37.58 on the Saturday morning stock exchange. Its total market value jumped to the $ 34.3 billion level.

And currency “Tezr”, which came in fifth, rose 0.01% to settle at $ 0.999 in trading Saturday morning. The total market value jumped to the $ 34.1 billion level in trading this morning.

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