Paul Tudor Jones described Bitcoin as a “portfolio diversifier”

US billionaire, founder and manager of the wealth management company Tudor Investment Corporation, Paul Tudor Jones, described Bitcoin as a “portfolio diversifier”, after this statement, once again exceeded the $ 40,000 limit.

After Elon Musk, CEO of electric vehicle manufacturer Tesla, announced that he would start accepting Bitcoin again in vehicle sales if Bitcoin miners get only half of their energy from renewable sources, Jones also described Bitcoin investments as “long-term asset protectors”. , total volume across all markets exceeded $1.7 trillion.

With the effect of the developments, Bitcoin, which fluctuated between $ 38,786.44 and $ 40,978.36 in the last 24 hours, increased by 4.18 percent to $ 40,496.96, while the weekly gain of the unit was calculated as 22.93 percent. The total market cap of Bitcoin also increased by approximately $23 billion to $756 billion.

Ethereum, the second largest unit of the cryptocurrency markets, rose 4.94 percent to $ 2,596.21 in the last 24 hours, when it fluctuated between $ 2,470.00 and $ 2,620.38. The unit’s weekly earnings were 3.44 percent and market cap was $300 billion, up nearly $12 billion.

Tether, the third largest unit of the crypto money markets, rose 0.08 percent to $ 1.00 in the last 24 hours, when it fluctuated between $ 0.9997 and $ 1.02. The unit’s weekly loss was 0.03 percent and its market cap was unchanged at $62 billion.

With the effect of purchase-weighted transactions in the markets, the value of only three units from the top 100 units of the cryptocurrency markets fell in the last 24 hours, while no one fell among the top 10 units.

With these developments, the total volume in all markets remained above 1.0 trillion 741 billion dollars and 1.5 trillion dollars. For the first time, total volume in cryptocurrency markets;

– $1.0 trillion on January 7,
– $1.5 trillion on February 15,
– $2.0 trillion on April 10,
– On May 7, it exceeded the 2.5 trillion dollar mark.

Of the total market volume of 381 markets, where a total of 10,421 cryptocurrencies were traded, 43.6% of the total market volume was Bitcoin and 17.3% was Ethereum. The 24-hour trading volume in all markets was also at the level of 98 billion dollars.

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