Since Satoshi Nakamoto mined the first Bitcon block on January 3, 2009, the crypto asset has generated significant gains for investors, given the rapid rise in the past week alone.
The price of Bitcoin (BTC) today reached parity with the US dollar nearly a decade ago, a milestone hailed by many as another step towards adoption. With Bitcoin currently hovering between $ 32,000 and $ 34,000, the cryptocurrency’s price is now the same as that of a Model 3 Tesla, which sells for more than $ 30,000.
– Document Bitcoin (@DocumentBitcoin) January 3, 2021
Institutional players with millions to buy Bitcoin will also gain billionaire status just a few days in 2021. Business Intelligence firm MicroStrategy’s Bitcoin bet from August and September is paying off, with the initial investment of $ 425 million now worth more than $ 1.2 billion at time of publication.
Assuming Tesla CEO Elon Musk is quiet HODLing its 0.25 BTC, the billionaire crypto wallet is now worth approximately $ 8,100, with Bitcoin’s market cap approaching the automaker. According to data from AssetDash, Bitcoin is now the ninth largest asset by market capitalization at $ 611 billion behind e-commerce giant Alibaba and Tesla.
The 1,125,150 BTC connected with Satoshi Nakamotohas been valued at much more than $ 1 billion for some time now. However, the current bull run now makes the Bitcoin maker among the top 40 richest people in the world, with assets worth about $ 37 billion – just behind British businessman Len Blavatnik. according to to the Bloomberg billionaire index.
As the price of Bitcoin breaks new ground every day, social media interest has also set new records. According to Josh Frank of The TIE, the total tweet volume about Bitcoin has passed that of the 2017 bull run, reaching 140,000, with more than 70,000 unique Twitter traders posting messages about the crypto assets.
At the time of publication, Bitcoin’s price is $ 32,780, up 21% in the past 7 days. The cryptocurrency passed $ 34,700 to set a new record earlier today.