Bitcoin is supported by the fact that some investors see the cryptocurrency as a protective asset.
The rate of the world’s most popular cryptocurrency Bitcoin continues to grow and has updated its maximum since June 10, 2022. This is confirmed by data from the CoinDesk exchange on Tuesday, April 11.
At 12:00 Kyiv time, the price of Bitcoin increased by 6% and traded at $30,099. At the same time, the minimum price of the cryptocurrency in the last 24 hours was $28,186, and the maximum was $30,403.
Image: screenshot
According to market analysts, the publication of the consumer price index in the US for March can be a catalyst for the growth of Bitcoin. Inflation data will be released on April 12.
Bitcoin is also supported by the fact that some investors see the cryptocurrency as a protective asset and invest in it against the backdrop of a banking crisis.
Since the beginning of this year, the price of Bitcoin has increased by more than 82%. Despite the growth, its rate is still below its historical maximum – in November 2021, the cryptocurrency was worth more than $69,000.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.