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Bitcoin Goes Above US$60,000 for the First Time in Almost 3 Years
On today’s show we will look into Bitcoin going above $60,000 for the first time in almost 3 years, why is this important and also the significance of the Bitcoin halving that’s coming up also Nvidia sees a high rise in valuation what has fueled this growth and what next for the company.
Bitcoin, the world’s most famous and largest crypto currency has once again passed the US$60,000 mark and gotten everyone talking about it. Coming weeks after the Bitcoin ETF was approved, this new resurgence in price has brought a lot of attention to Bitcoin, bringing it back
in the spotlight with everyone. The Bitcoin ETF had caused price in Bitcoin to rise weeks before it was actually approved. Then when the approval occurred, it went to just shy of US$49,000. A lot of this was due to new funds being created which would have increased the demand for the crypto currency.
Nvidia has been having one of the best times of their lives. The company which focuses on AI generative chips has seen their valuation reaching US$2 Trillion dollars and an all-time high price of US$823.94, this company shows no sign of slowing down anytime soon. Nvidia has been one of the forerunners in the AI space and the largest AI chip maker to date. The company started gaining traction in 2023 with OpenAI teaming up Microsoft, which made everyone exposed to the Artificial Intelligence scene
better off. Now one year later and Nvidia has grown even
further. There are only 3 other companies world-wide to
have surpassed the US$2 Trillion Dollar Market Cap, Apple Microsoft and Saudi Aramco.
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By Money RoundupOn today’s show we will look into Bitcoin going above $60,000 for the first time in almost 3 years, why is this important and also the significance of the Bitcoin halving that’s coming up also Nvidia sees a high rise in valuation what has fueled this growth and what next for the company.
Bitcoin, the world’s most famous and largest crypto currency has once again passed the US$60,000 mark and gotten everyone talking about it. Coming weeks after the Bitcoin ETF was approved, this new resurgence in price has brought a lot of attention to Bitcoin, bringing it back
in the spotlight with everyone. The Bitcoin ETF had caused price in Bitcoin to rise weeks before it was actually approved. Then when the approval occurred, it went to just shy of US$49,000. A lot of this was due to new funds being created which would have increased the demand for the crypto currency.
Nvidia has been having one of the best times of their lives. The company which focuses on AI generative chips has seen their valuation reaching US$2 Trillion dollars and an all-time high price of US$823.94, this company shows no sign of slowing down anytime soon. Nvidia has been one of the forerunners in the AI space and the largest AI chip maker to date. The company started gaining traction in 2023 with OpenAI teaming up Microsoft, which made everyone exposed to the Artificial Intelligence scene
better off. Now one year later and Nvidia has grown even
further. There are only 3 other companies world-wide to
have surpassed the US$2 Trillion Dollar Market Cap, Apple Microsoft and Saudi Aramco.