The course of the most popular digital currency in the market has increased by more than nine percent per week.
Bitcoin has exceeded 105 thousand dollars in the first time since January 31. On Monday, May 12, Binance data.
Up to 03.05 in KYIV, the price of cryptocurrency reached 105.032. Dol. (Growth of 0.34%). Subsequently, it dropped slightly – by 03.19 the indicator was at the level of 104.495. dollars. At 04.17 in KYIV, its cost fell to $ 104.171 (an increase of 0.18% per day).
The capitalization of the Bitcoin market today does not exceed 2 trillion. dollars. The volume of 24 hours is worth – 47.2 billion dollars.
The analysts associate Bitcoat’s positive dynamics with Donald Trump’s promises to change the regulation of cryptocurrencies in the United States, as well as the form of state reserves in Bitcoins. In addition, increasing interest in cryptocurrencies has been explained by finding investors of protective possession against the background of geopolitical instability.
Remember that in 2022, Bitcoin reached a record of 69 thousand dollars, lost money by 60% of the cost. The impetus for collapse was the large crypto condant of the Celsius network this week frozen the removal of funds, which refers to the “extreme” market conditions. As such, 1.7 million customers cannot buy their owners.
Dubai Crypto-streak lost $ 1.5 billion because
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Source: korrespondent

I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.