New Bitcoin Record on the First Day of the New Year!
A new record came from Bitcoin on the first day of the new year. Bitcoin, which rallied towards the end of 2020, set a new record on the first day of 2021. The recent rally of the popular cryptocurrency has also prompted a revival in the financial industry's efforts for new instruments based on
cryptocurrency. US portfolio management company applied to the relevant regulatory authority for Bitcoin investment gong.
Bitcoin, which made a rapid rally in the last period of 2020, started the new year with a record.
According to data released by Bloomberg, Bitcoin reached an all-time high of $ 29,674 on January 1.
As a result of the rally that took place in the last period of 2020, Bitcoin broke a record in a row and made a premium of 50 percent in December and 300 percent on an annual basis.
While the recent rally in Bitcoin has attracted attention, the financial sector has begun to revise its plans to implement different instruments related to crypto money. US portfolio management company VanEck Associates Corp. announced that they applied to the US regulator SEC for the Bitcoin investment fund. There have been many applications for this issue before, but the
SEC has rejected all of them.
Matta Long from the cryptocurrency platform OSL in Hong Kong said the following in his statement on the subject:
“The importance of this rally is that it has been going on for weeks. If we see a downward break, it will be informative about the direction of the first quarter flows to see if the institutions will buy from a possible bottom.”