BTC fell 1.22% in 5 minutes and currently stands at $ 32,660.76.

According to Jinshi, Bitcoin hovered near $ 30,000 for a few weeks before finally breaking that record on Saturday. Currently, the cryptocurrency is trading above $ 33,000. The weakness of the US dollar has attracted investors because of Bitcoin and other cryptocurrencies. Bitcoin could continue to attract new interest, with the Fed expecting interest rates to be closer next year. Nicholas Pelecanos, chief marketing officer for cryptocurrency firm NEM, said, "When asset values ​​rise sharply over time, I warn bitcoin traders." But I still estimate that Bitcoin could hit $ 50,000 before Valentine's Day. "" I believe that we are just the beginning of a great company. "