Bitcoin remains in the $ 55,000 range on Wednesday. The price is currently at $ 54,628 (as of 10 a.m., Coinmarketcap).
What supports the course: The family office of billionaire George Soros trades in the world’s leading cryptocurrency. This rumor was confirmed on Wednesday yesterday.
Soros Fund Management believes Bitcoin has even greater potential in the long run: “I don’t think Bitcoin is just a hedge against inflation. He has made the leap into the mainstream, “said Dawn Fitzpatrick, CEO and Chief Investment Officer of Sorus Fund Management in an interview with the business intelligence agency Bloomberg.
It is interesting to watch how the Bitcoin price is completely decoupled from the quotations on the global stock markets. The month of October has been turbulent on the stock markets so far. Bitcoin, on the other hand, rose by around 25 percent during this period. That’s why the term “Uptober” is already circulating on social media. This is used to advertise further Bitcoin purchases.