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December 5, 2022
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Ken Moelis: the boom on BTC resembles the gold rush of the 19th century –

Bitcoin, the world’s leading cryptocurrency, is currently facing tough challenges in the form of very negative market sentiment. The digital currency hit a very low price level yesterday – almost $ 31,000. In an interview with Bloomberg, Ken Moelis, an American billionaire and investment banker, said the recent Bitcoin craze was similar to the gold rush of 1848. Commenting on the future of the cryptocurrency market, he also mentioned the growing interest in Bitcoin and other digital currencies.

Ken Moelis: Cryptocurrencies are already a big market

It turns out that Ken Moelis also wants to enter the cryptocurrency market.

– We focus on having professional knowledge. Cryptocurrencies are a big market and there is a lot of capital in this market. There are several projects. It’s like the gold rush of 1848, many people didn’t know if there was gold in the ground. But we need to know what people want and what tools they need to be successful. I try to keep track of Bitcoin and other cryptocurrencies He told Moelis Bloomberg.

Let us add that we are talking about the founder of the investment company Moelis and Company, whose net worth exceeds $ 1 billion.

The biggest ones are still buying BTC

Despite the recent decline in BTC prices, institutional buyers continue to buy cryptocurrencies. MicroStrategy, a leading business intelligence firm, recently announced that it plans to expand its Bitcoin portfolio with the purchase of nearly $ 500 million in BTC units. The company currently has over 92,000 BTC.

It is not the end. In a recent interview with CNBC, Marc Lasry, an American businessman and hedge fund manager, expressed his desire to buy Bitcoin in large quantities.

I can argue that Bitcoin can hit $ 100,000, and I can also argue that BTC can hit $ 20,000. But the likelihood that more and more people will continue to use Bitcoin will increase. It happened a little faster than I expected. I should have bought a lot more Lasry said in a recent interview with CNBC.

Today, you pay around USD 34,000 for 1 BTC. That’s 2.2 percent. more than yesterday, but also approx. 9 percent. less than a week ago.

Current Bitcoin rate and other cryptocurrencies, you can always check the tabs: exchange rate Bitcoin and the cryptocurrency rate on the website . A place where you can buy BTC and more coins, include cryptocurrency exchange BitBay.net. If you do not have an account on BitBay yet, from this article you will find out how you can efficiently create one: LINK.

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