Bitcoin has risen in price: what is happening with the cryptocurrency?

https://sputnik-georgia.ru/20211011/bitkoin-silno-podorozhal-chto-proiskhodit-s-kriptovalyutoy-260433162.html

Bitcoin has risen in price: what is happening with the cryptocurrency?

Bitcoin has risen in price: what is happening with the cryptocurrency?

Such a sharp rise in price was recorded for the first time since the spring of 2021, in particular from May 12, 11.10.2021, Sputnik Georgia

2021-10-11T13:09+0400

2021-10-11T13:09+0400

2021-10-11T13:09+0400

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TBILISI, 11 Oct – Sputnik. The price of bitcoin in the morning of October 11 rose above 57 thousand dollars – such a jump occurred for the first time since May 12. This is evidenced by the trading data. What determines the price of bitcoin? The fall in the rate and the forecast of the price of 2021 & gt; & gt; & gt; At the largest cryptocurrency exchange Binance, as of 11:52 tbs, bitcoin grew in price by 2.1% – to 56.78 thousand dollars. It is curious that minutes earlier the price was almost 57.05 thousand dollars, the last time at this level bitcoin traded on May 12. According to the website CoinMarketCap, which calculates the average price for more than 20 exchanges, bitcoin rose by 2.14% – up to 56. 8 thousand dollars. The dynamics everywhere is given in a day. Meanwhile, in the first quarter, Bitcoin has doubled in price: to 58.7 thousand dollars from about 29 thousand as of the end of 2020. In April, a historical record of 64.85 thousand dollars was reached. In May, the cryptocurrency lost a third of its value – the price of bitcoin dropped to 37.3 thousand dollars from 57.7 thousand. Subscribe to video news from Georgia on our YouTube channel.

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Such a sharp rise in price was recorded for the first time since the spring of 2021, in particular from May 12

TBILISI, Oct. 11 – Sputnik. The price of bitcoin in the morning of October 11 rose above 57 thousand dollars – such a jump occurred for the first time since May 12. This is evidenced by the trading data.

What determines the price of bitcoin? Fall of the exchange rate and price prediction 2021 >>>

On the Binance exchange, the largest cryptocurrency exchange in terms of trading volume, bitcoin as of 11:52 tbs grew in price by 2.1% – up to 56.78 thousand dollars. It is curious that minutes earlier the price was almost 57.05 thousand dollars, the last time at this level bitcoin was traded on May 12.

According to the CoinMarketCap website, which calculates the average price for more than 20 exchanges, bitcoin rose in price by 2.14% – to 56.8 thousand dollars. The dynamics are given everywhere in a day.

It is noteworthy that since the beginning of the month, bitcoin has risen in price by almost 30%, from 43.82 thousand dollars. The cryptocurrency returned to growth after the September decline of 7%, which followed after two consecutive months of growth in value in July and August – a total of almost 35%.

Meanwhile, in the first quarter, Bitcoin has doubled in price: to 58.7 thousand dollars from about 29 thousand at the end of 2020. In April, a historical record of 64.85 thousand dollars was achieved. In May, the cryptocurrency lost a third of its value – the price of bitcoin fell to 37.3 thousand dollars from 57.7 thousand.

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