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Judul : BTC Soars Above $40,000, Outperforming Other Major Asset Classes(AD)
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BTC Soars Above $40,000, Outperforming Other Major Asset Classes(AD)

BTC Soars Above $40,000, Outperforming Other Major Asset Classes

As of on January 8, Bitcoin, the world's largest cryptocurrency, broke through $40,000 on Huobi for the first time in its history, pushing the cryptocurrency market value to over $1 trillion. The price of Bitcoin has seen a rapid rise with more violent fluctuation since its breakthrough of $30,000. Now only a few days into 2021, it has crossed the $40,000 mark, greatly outperforming other major asset classes. Thus it can be seen that the market consensus is getting stronger, and that people are more willing to make investment on this most popular cryptocurrency. The year 2020 was a remarkably tough year as it witnessed many heartrending events such as the intensified COVID-19 pandemic, economic crises and a downward spiral in the dollar. Much of the world enters a zero or even negative interest rate environment. All of these, however, highlights the scarcity of Bitcoin. Thanks to the third halving, decreasing circulation and uprising prices, its functions of anti-inflation and value storage are further affirmed by the market. And now the institutions are major players, instead of retail investors, which has a positive impact on the BTC market. Cryptocurrency trading is often accompanied by relatively high risks. Please make your decisions cautiously and pay more attention to risk management. Huobi Global is a digital asset exchange with global competence and influence, providing a professional trading platform for various digital assets. Huobi's 7 years of risk control experience is also leveraged to ensure the security and reliability of the exchange. 【Download】 https://m.huobi.be/en-us/download/ 【Official Website】 https://www.huobi.be/en-us/ 【Verification Channel】 https://www.huobi.be/en-us/verification/ 【Security column】 https://support.hbfile.net/hc/en-us/sections/360000070001 【Official Customer Service Email】 support@huobigroup.com Huobi Global Jan.8 2021

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