Led by George Soros, Bitcoin rose to $ 57,000 and is close to its all-time high

Wall Street traded profitably on Wednesday and the positive trend encouraged business in assets considered risky, such as cryptocurrencies.

The recovery of the shares was also sustained by a decline in debt profitability government, which undermined confidence in the records reached by the New York stock exchanges and caused an abrupt rotation of portfolios, when expectations of economic recovery and fear of inflation grew as the approval of the new stimulus plan driven by the president Joe Biden for $ 1.9 trillion.

The BitcoinMeanwhile, it once again positioned itself as a preferred asset for investors with greater exposure to risk. With a 12% cumulative increase between Tuesday and Wednesday returned to the area of 57.000, to get closer to its highs of USD 58,000 recorded on February 21.

The most popular cryptocurrency remains one of the best investments of 2021, with a 96% cumulative profit in just over two months, raising Bitcoin’s market capitalization above $ 1 trillion.

Even with wide volatility, the cryptocurrency accumulates a 96% gain in 2021

The notable rise in Bitcoin prices this year was supported by a growing acceptance of the cryptocurrency as a means of payment, beyond being used as a haven of value.

This week, it was known that the firm New York Digital Group (NYDIG) culminated a growth capital round of $ 200 million. The list of the eight strategic partners that will invest in the provider of technological solutions and investments for Bitcoin, is made up of companies such as the financial multinational Morgan Stanley y Soros Fund Managament, along with Stone Ridge, Holdins Group, and MassMutual, among others.

The information was published in a Press release, where it was explained that the objective of NYDIG is to work hand in hand with the investors to offer solutions focused on pioneering cryptocurrency to sectors such as insurance, banking and renewable energy.

It is clear that the appearance of the American billionaire George Soros Among NYDIG’s strategic partners – through the Foundation that bears his name – he did not go unnoticed.

The famous Hungarian-born businessman had described Bitcoin, in previous years, as “a bubble” and had pointed out that other cryptocurrencies were too.

George Soros would be interested in Bitcoin since 2018 and now he joins the group of billionaires who seek to do business with the cryptocurrency

However, as published by the specialized site Criptonoticias.com, since 2018 it has been commented that Soros, whose net worth as of May 2020 was USD 8.3 billion, you were willing to invest in Bitcoin through your fund manager, space from which investments are operated at a macro level.

Soros thus joins the group of large entrepreneurs who support investments in cryptocurrencies, such as billionaires Mark Cuban (owner of the NBA franchise Dallas Mavericks) and Tesla CEO Elon Musk, which accept Bitcoin and Dogecoin as a means of payment in the operations of their companies.