For the first time since May 6, 2022, the Bitcoin price rose above $36,000 in the trading session. writes about this TASS With a link to the Coindesk platform.
According to data at 02:47 Moscow time, the cost of Bitcoin increased by 1.73% to 36,031 thousand dollars. As of 02:51 Moscow time, the growth slowed down and the figure became 35,758 thousand dollars (+0.98%).
The last date when the Bitcoin price exceeded $36 thousand was May 6, 2022.
MicroStrategy co-founder Michael Saylor named Three factors that could trigger a tenfold increase in Bitcoin’s value in the short and medium term. The first two conditions are halving and increased demand for cryptocurrency.
Experts have different opinions about cryptocurrencies. According to Mojmir Gampl, deputy governor of the Czech National Bank, high price volatility hinders the use of Bitcoin as a means of payment. In January 2018, the Journal of Monetary Economics published a study by economists from Tel Aviv University and American University of Tulsa; In this study, they pointed out the fact that the Bitcoin rate is being manipulated by one or two major players using Willy trading bots. and Markus were on the cryptocurrency exchange platform Mt.Gox, as a result of which in 2013 the Bitcoin rate rose from $150 to $1000 in two months. The authors of the study noted that when deciding to use Bitcoin as a currency (as Japanese authorities did in April 2017), it is important to consider Bitcoin’s vulnerability to such manipulations.
Previously in Russia connected The value of Bitcoin increases with speculative demand.
Source: Gazeta
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