Bitcoin price rose to $38,220 thousand for the first time since May this year. This is evidenced by data from an online platform specializing in digital currencies. CoinDesk.
Thus, the cryptocurrency updated its seven-month high and is up 3.08% since May 4.
As before registered Yuri Pripachkin, President of the Russian Cryptocurrency and Blockchain Association, said that next year the Bitcoin rate will exceed the maximum results of 2021 and reach record levels. He said this was an expected growth linked to the arrival of new investors in the market.
In contrast, Candidate of Economic Sciences Nikolai Kulbaka statedBitcoin is a speculative investment tool because its rate can neither be predicted nor predicted. The expert attributed the increase in Bitcoin value to speculative demand.
Formerly former head of the drug department of the Mordovian Ministry of Internal Affairs accepted Term for bribe in bitcoin.