The price of Bitcoin is gradually rising. This morning, the rate of the first cryptocurrency exceeded $5500, and at the time of writing the news, it was even close to $5600. Over the past day, the growth amounted to quite a considerable 4,79%. The cryptocurrency has reached such a rate for the first time since November last year.
As you know, last year there was a sharp decline in the value of bitcoin and other cryptocurrencies. The rate of the first digital currency in December last year reached its minimum of about $3200, after which the situation improved somewhat and a gradual, unhurried growth began. And in early April, the price of bitcoin sharply exceeded $5000.
According to some experts, in the coming months, the Bitcoin rate will even approach $6000. It is noted that the gradual increase in the price of Bitcoin is interconnected with the return of interest from investors. That is, the number of market participants is growing, due to which the exchange rate is growing. The development of this market direction also has a positive effect on the price of cryptocurrencies, as new projects appear and the ecosystem develops.
As Rambler notes, the cost of other popular cryptocurrencies is also growing. For example, Ethereum has risen in price by 2,16% to $175,23 in a day, Monero has added 2,25% to $70,38, and Bitcoin Cash has grown by 3,19% to $302,55. According to CoinMarketCap, at the time of writing, the cryptocurrency market capitalization is $184,949 billion. More than half of them are in bitcoin.
Source: 3dnews.ru