Bitcoin Price Reaches Parity With The US Dollar Ten Years Ago, Bitcoin Fluctuates Between $32,000 And $34,000
Bitcoin Price Reaches Parity With The US Dollar Ten Years Ago, Bitcoin Fluctuates Between $32,000 And $34,000
January 4, 2021
Bitcoin Price Reaches Parity With The US Dollar Ten Years Ago, Bitcoin Fluctuates Between $32,000 And $34,000
Bitcoin Price Reaches Parity With The US Dollar Ten Years Ago, Bitcoin Fluctuates Between $32,000 And $34,000
January 4, 2021

Bitcoin (BTC) price has reached parity with the US dollar almost ten years ago with Bitcoin currently fluctuating between $32,000 and $34,000.

It has been reported that the price of the cryptocurrency is now the same as that of a Model 3 Tesla, which retails for upwards of $30,000.  January 3,

However, institutional players with millions to purchase Bitcoin are also gaining billionaire status only a few days into 2021.

Business intelligence firm MicroStrategy’s Bitcoin bet from August and September is paying off well, with the original $425 million investment now worth more than $1.2 billion at the time of publication.

Likewise, Elon Musk, the CEO of Tesla, is still HODLing his 0.25 BTC, as his crypto portfolio is now worth around $8,100, with Bitcoin’s market capitalization closing in on the car manufacturer’s.

According to data from AssetDash, Bitcoin is now the ninth-largest asset by market cap at $611 billion behind e-commerce giant Alibaba and Tesla.

ALSO READ :  Hackers Hiding Malicious HTML Code Containing Cryptojacking Script Behind Kobe Bryant Wallpaper

Meanwhile, according to the Bloomberg billionaire index, the 1,125,150 BTC connected to Satoshi Nakamoto has been valued at much more than $1 billion for some time.

Thus, the current bull run now makes the Bitcoin creator among the top 40 richest people in the world, with his holdings worth around $37 billion, just behind British businessman Len Blavatnik.

Source: Cointelegraph


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.