The price of Bitcoin continues to break records for hours. The largest cryptocurrency by market capitalization surpassed 21 thousand dollars in the early hours of today after surpassing 20 thousand dollars yesterday. The price was $ 21,167 at 00.45 TSI, up from $ 21,079 when the news was published at 00.50.
As Bitcoin sets new records, interesting explanations come from important figures in the financial world. Finally, Scott Minerd, chief investment officer at Guggenheim Partners, the large investment firm that recently connected to Bloomberg TV, said their basic assessment showed that the price of Bitcoin should be $ 400,000.
Minerd’s statements had great repercussions. The famous investor noted that they reached this value on the relative value of assets such as gold in terms of scarcity and on the percentage of Bitcoin’s gross domestic product. Minerd:
“YOU KNOW THAT BITCOIN HAS MANY SIMILAR FEATURES TO GOLD. IT IS OF UNUSUAL VALUE IN TERMS OF OPERATION.“ WAS IN THE FORM.