Bitcoin’s price rose above $39,000 during the trading session for the first time since May 2022. This is proven by site data Coinsk.
At 22:10 Moscow time, the Bitcoin price rose by 1.92% to $ 39,425, but after 15 minutes this figure fell to $ 39,222 (+1.4%).
The last time the Bitcoin price exceeded $39 thousand was a year and a half ago: May 4, 2022.
Bitcoin transaction volume at the end of August appeared To record miscarriages. CryptoQuant’s head of research, Julio Moreno, explained that trading volumes drop in bear markets as retail investors withdraw. He noted that this has happened on most crypto exchanges in the past year. This trend was also influenced by US regulatory measures on cryptocurrencies following the end of the banking crisis in May. Taken together, these factors led to market makers and traders leaving the market.
Previously Deripaska said About the possible future of the Russian economy in five years.