As Bitcoin, a representative cryptocurrency (virtual currency), again exceeded 40,000 dollars, the cryptocurrency market cap (market cap) hit an all-time high.
According to CoinMarketCap, which broadcasts the cryptocurrency market in real time, as of 0:30 am (Korean time) on the 7th, Bitcoin is recording $45,578, up 6.59% from 24 hours ago.
This is close to the all-time high of $42,000, which was recorded on the 8th of last month.
Accordingly, the market cap of all cryptocurrencies including bitcoin reached a record high of 1.2 trillion dollars.
This is because Elon Musk, the idol of cryptocurrency investors around the world, expressed support for cryptocurrency.
Musk has consistently expressed support for Bitcoin and tweeted in support of Dogecoin, a cryptocurrency, four days after he declared that he would stop Twitter.
Musk recently expressed support for Dogecoin by posting visuals holding Shiba Inu, the symbol of Dogecoin.
