);)
The price of Bitcoin (BTC) broke through $100,000 again at 11 PM on the 6th due to the inflow of institutional funds and the purchase of Bitcoin by companies. The breakthrough of Bitcoin at $100,000 is the first entry into the $100,000 range after it departed from the $100,000 level on December 20 last year, after 17 days. The price of Bitcoin has maintained the $100,000 level since breaking through $100,000 at 11 PM on the 6th until the 7th. The reasons cited for the rise of Bitcoin to $100,000 are the large-scale purchase of Bitcoin by Bitcoin spot exchange-traded funds (ETFs) and companies such as MicroStrategy in the United States. On the 3rd (local time), Bitcoin spot ETFs in the United States recorded a net inflow of about $981 million (about 1.3286 trillion won). MicroStrategy additionally purchased 1,020 Bitcoins on the 6th.
2. Robert Kiyosaki, "I will buy more Bitcoin"
Robert Kiyosaki, the author of the bestseller, announced through his X account on the 7th that he will buy more Bitcoin. After Bitcoin's price broke through $100,000 again at 11 PM on the 6th, he posted a message at 12 AM on the 7th, expecting further rise in Bitcoin's price, saying "Bitcoin's price has broken through $100,000" and "I will buy more".
3. Cryptocurrency community, Expectations rise on "pro-Bitcoin" candidate likely to become next Canadian Prime Minister"
As Canadian Prime Minister Justin Trudeau resigns and a "pro-Bitcoin" politician is named as the likely next Canadian Prime Minister, the cryptocurrency community's expectations are rising. On the 6th, he announced his resignation from the prime minister and party leader positions at a press conference. Prime Minister Trudeau had previously faced a political crisis due to a drop in approval ratings and pressure to resign from within and outside the party, as well as tariff pressure from former U.S. President Trump. After Trudeau's resignation announcement, the Canadian Bitcoin community is expecting Conservative Party leader Pierre Poilievre, who has a pro-Bitcoin stance, to become the next prime minister. Poilievre, the Conservative Party leader, has shown a pro-Bitcoin and pro-blockchain technology stance.
4. MicroStrategy, first Bitcoin 'additional purchase' this year... "Purchase amount, 1,070 Bitcoins"
MicroStrategy, the 'Bitcoin accumulator', made its first additional Bitcoin purchase on the 6th. According to the investment filing '8-K' submitted by MicroStrategy to the U.S. Securities and Exchange Commission (SEC), MicroStrategy invested about $101 million and purchased about 1,070 Bitcoins.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
