Bitcoin price again Super Gold, "bitcoin ETF" or combustion market

Source: Internet
Author: User

Bitcoinprices have reached $1260 trillion in each of the big dollar markets, hitting a record high, again winning more than the spot price per ounce of gold.

The current gold spot price per ounce is $1237.73 based on the spot gold/USD Instant exchange rate available in the Bloomberg market.

The Bitcoin market has seen a dizzying change in recent weeks, with the price of Bitcoin breaking through a three-year high on February 23, and the price of Bitcoin has continued to climb since then.

sentiment is generally bullish on the market, and traders seem to have taken positive action to await the final decision of the Securities and Exchange Commission (SEC). https://www.okcoin.cn

It is reported that the U.S. Securities and Exchange Commission officials met on February 14 with Taylor and Cameron Winklevoss twin brothers, and discussed their bitcoin ETF program, and on March 11, the U.S. Securities and Exchange Commission will make the decision whether to approve the first bitcoin ETF.

Bitcoin quotesSome analysts say that if the bitcoin ETF is approved, $300 million of money will be injected into the Bitcoin ETF in the first week, potentially pushing the price of Bitcoin to a new record. However, some people think that the probability of the bitcoin ETF is not high, if it fails, it is possible to cause a pullback in bitcoin prices.


In general, this is the second time in history that Bitcoin has exceeded the price per ounce in gold, but it is worth noting that for the first time in history it only occurred on the Mt Gox Exchange, and its duration was relatively short.

Bitcoin price again Super Gold, "bitcoin ETF" or combustion market

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