Bitcoin price exceeded $36 thousand for the first time in 1.5 years – Kommersant

Bitcoin price exceeded $36 thousand for the first time in 1.5 years - Kommersant

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Bitcoin was traded on the exchange Coindesk above $36 thousand. The cost of the cryptocurrency last exceeded this threshold on May 6, 2022.

Bitcoin’s value growth later slowed. According to the site CoinMarketCap, which takes into account the cost of cryptocurrency on the largest exchanges, the price of bitcoin was approximately $35.7 thousand at 3:24 Moscow time. This is 1% more than the day before.

Cryptocurrency quotes began to rise significantly in October. Among the reasons are speculative play amid expectations of registration of spot Bitcoin ETFs and conflict in the Middle East. Experts interviewed by Kommersant do not expect continued significant growth in the exchange rate in the near future; they predict it will happen next year.

Read more about the situation with cryptocurrency in the Kommersant article. “Bitcoin is full of rumors”.

Leonid Uvarchev

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