Bitcoin is worth 110 thousand euros

Bitcoin is worth 110 thousand euros

Bitcoin has reached a new historical level, for the first time passing the $110,000 stand per unit, according to data from the Banance Trade platform. At around 2:27 a.m., the cryptomonedma price rose by 3.65%, reaching $11,000. A few minutes later, however, the prize suffered a correction [...]

At around 2:27 a.m., the cryptomonedma price rose by 3.65%, reaching $11,000. A few minutes later, however, the award suffered a slight correction, dropping to $109,600, with a total daily increase of 2.59%.

 

Market experts, quoted by the Russian agency TASS, have predicted that Bitcoin's growth might not stop at this point. According to them, the world's largest digital currency has the potential to reach up to $300,000 in the medium term, reflecting growing institutional interest and stability of Blockcha technology, the euronews reports, broadcast Albinfo.ch.

Bitcoin, introduced for the first time in November 2008 by an author (or group of authors) under the nickname Satoshi Nakamoto, is a decentralised system that operates without a central bank or financial mediator. Transactions are verified and stored in a public registry called Blockchain, while new currency units are created through the minim process.

The current price increase is considered one of the strongest waves in Bitcoin's history and comes at a moment when global financial markets are facing instability and high inflation. /Periscope/

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