The price of Bitcoin exceeded $39 thousand. The last time the cryptocurrency traded at this level was in May 2022.
As of 0:00 Moscow time, bitcoin cost about $39.6 thousand, follows from the service data CoinMarketCap, which tracks the cost of cryptocurrencies on the largest platforms. Bitcoin is growing by 2.1% per day.
According to experts interviewed by Kommersant, the recent growth of cryptocurrency is associated with investor optimism regarding the slowdown in inflation growth in the United States and a possible reduction in the Fed key rate. Positive dynamics are also supported by upcoming changes in industry regulation.
Read more about the reasons in the Kommersant article. “Bitcoin is becoming more expensive due to regulation”.