Bitcoin returns to $50,000: up 87% in 9 months, original price graphics cards are nowhere in sight

Bitcoin returns to $50,000: up 87% in 9 months, original price graphics cards are nowhere in sight

As one of the indicators of virtual currency, Bitcoin can effectively reflect the ups and downs in this market. According to the latest data, after several months of huge fluctuations, Bitcoin has firmly stood above the US$50,000 (approximately RMB 3.22 million) mark.
As of press time, the current price of Bitcoin is $51,696.86 per coin, up 3.15% today. At the same time, this price has risen 87% compared to $27,734 per coin on January 4. At present, it has sold above the $50,000 mark. Corresponding currencies such as Ethereum have also hit new highs in recent months. A new round of mining boom has arrived.
It is reported that after the Bitcoin trading price broke through the high of US$64,000 in mid-April this year, it began to fall all the way, and led the entire virtual currency market to begin to fall. The lowest point and the highest point were even twice as different, but now it has regained some of its lost ground.
As the most important component of some mining machines, the graphics card market has been declining due to the repeated decline of virtual currencies and the supervision of various countries. Even last month, the RTX 30 series graphics cards were infinitely close to the launch price. DIY players were about to see the light, but it was ruthlessly shattered.
According to a report by Beijing Business Daily citing gamer Li Hua, "I wanted to take advantage of the discount to rebuild my computer, but I found that I couldn't afford it anymore."
According to Li Hua, NVIDIA RTX30 series graphics cards were priced at a crazy premium from March to May 2021, and then gradually declined until they began to rise again in August.
Despite the obvious price premium, graphics cards sold in various online shopping mall brand flagship stores are still out of stock for a long time, and the few items that are in stock are mostly limited to purchase 1 or 2 pieces.
Judging from the current virtual currency market, this situation will continue for quite a long time, and the day when players can buy graphics cards at the original price is a long way off.

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