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Bitcoin Surges To A New Record - Market Commentary On Bitcoin From Paolo Ardoino, CTO At Bitfinex:

Date 09/02/2021

 

Bitcoin hit fresh highs today, extending gains after billionaire Elon Musk's Tesla bought USD1.5 billion of bitcoins.


“As bitcoin moves closer to US$50,000, more corporations appear poised to embrace the world’s biggest cryptocurrency and add it to their balance sheets. All the stars may be aligning for bitcoin as mainstream adoption happens in real time. Rather than succumb to FOMO, those new to the space should take the time to educate themselves about this amazing technology rather than seeking to speculate on it. Always do your own research and never trade with resources you are not prepared to lose entirely. Meanwhile, attention is turning towards who will be next to jump on the bitcoin train as the space evolves at a breakneck pace." said Paolo Ardoino, CTO at Bitfinex: