Ethereum

Cryptocurrency

Reddit

Elon Musk

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/reddit-joins-the-cryptocurrency-surge-by-investing-in-bitcoin-and-ethereum/" data-wpel-link="internal">Reddit Joins the Cryptocurrency Surge by Investing in Bitcoin and Ethereum</a><br></p>
<p>Cryptocurrency investors were thrilled when Elon Musk announced he had started buying BTC, marking a pivotal event for the 2021 bull run. Now, another company has disclosed in its financial report that it has begun purchasing <a href="https://coin-turk.com/4-yillik-dongu-vurgusu-bitcoin-fiyati-icin-bu-zamana-isaret-etti" data-wpel-link="internal">Bitcoin</a> and Ethereum.</p> 
<h2 id="why-are-cryptocurrencies-rising">Why Are Cryptocurrencies Rising?</h2> 
<p>Reddit announced its official entry into cryptocurrencies by purchasing <a href="https://en.coin-turk.com/macro-guru-raoul-pal-lays-out-three-scenarios-for-bitcoin/" data-wpel-link="internal">Bitcoin</a>, <strong>Ethereum</strong>, and MATIC Coin. This move by one of the largest social media companies has led to a market upswing. At the time of writing, <strong>MATIC Coin</strong> has risen from $0.91 to $1.06, reclaiming a key region after a long wait.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-318448 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/reddit-kripto-paralar.png" alt="" width="912" height="423"></p> 
<p>Bitcoin’s price has reached the brink of $52,000, and Ether has once again crossed the $3,000 mark, sitting at $3,010 at the time of writing. The published report details the following;</p> 
<blockquote> 
 <p>“We have purchased Ether and Matic as a means of payment for certain virtual goods. Although we believe that cryptocurrencies and blockchain <a href="https://newslinker.co/category/technology/" data-wpel-link="exclude">technology</a> have significant potential, we are aware of their risks. We have invested a portion of our excess cash reserves in Bitcoin and Ether. The prices of cryptocurrencies like Bitcoin, Ether, and Matic have been highly volatile.”</p> 
</blockquote> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/reddit-joins-the-cryptocurrency-surge-by-investing-in-bitcoin-and-ethereum/" data-wpel-link="internal">Reddit Joins the Cryptocurrency Surge by Investing in Bitcoin and Ethereum</a></h5>

Reddit Joins the Cryptocurrency Surge by Investing in Bitcoin and Ethereum

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