Economy

Bitcoin continues to rise in price

Bitcoin

Over the past month, Bitcoin has gained 23% in price, and on March 30 it rose above $29, thereby renewing its high since June 2022.

The most expensive cryptocurrency in the world - bitcoin - on the morning of March 30 exceeded the mark of 29 thousand dollars per coin. This is the highest in quotes since June 2022.

At the top point, the price reached $29,1 thousand per coin, adding 3,8 percent for the day, after which it returned to $28,3 thousand in half an hour.

The world's most important cryptocurrency is climbing in price after a sharp drop earlier this month. Bitcoin then fell below $20 for the first time since mid-January.

The leading altcoins from the top 10 did not rise in price as much as the first cryptocurrency. The price of Ethereum in the last day rose by 0,5% to $1,802, the value of BNB increased by 0,1% to $317, Tether - by 0,6% to $1. Cardano rose 0,5% to $0,378, while Ripple fell 4,5% to $0,545.

Bitcoin

It is worth noting that Bitcoin is still trading 60% below the all-time highs set in November 2021. At that time, one coin was worth $69, and crypto-investors expected it to conquer new heights of $100 or even $200.

However, a new peak did not occur, and 2022 marked the collapse of all major digital assets. However, many experts call 2023 a "recovery year" for Bitcoin. Over the past month, Bitcoin has already risen in price by 23%.

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