Announcement: Falling Gold Price, Korean Companies Turn to Cryptocurrencies

2022-1-10 00:55
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Kim Financial announced that a similar situation had arisen in the domestic market after the Federal Reserve announced the reduction in cryptocurrencies. The Bank of Korea has raised interest rates by 1% twice in the past year and is reporting an increase this year as well. Bank of Korea Chairman Lee Ju-yeol said, “As the economy improves, monetary policy must be adjusted accordingly. Since then, virtual assets have become a popular investment. “I can't yet say that virtual assets are better than gold, but if the world continues to flock to NFTs and virtual assets, it could be as big as the market,” one man said. local business.

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Currently, the market value of Bitcoin has reached 38.3%.
According to the Golden Financial report, according to data from CoinGecko, the current market value of the cryptocurrency is $ 2.7 trillion and the 24-hour market volume is $ 100.73 billion, making Bitcoin the current market value of 38.2% and the market cap rate of Ethereum. increased by 18.0%.
2022-1-10 00:38