The price of Bitcoin has surged past the $45,000 mark, a milestone reflected in recent site data provided by CoinsK. Signals from the market indicate a notable price move, with Bitcoin climbing to $45,173 in a span that captures public attention as the first time the level has been seen since early 2022. As of 04:05 Moscow time, the asset had risen by about 6.33 percent, underscoring a renewed momentum in the cryptocurrency space and sparking conversations among traders and observers about what comes next for digital assets in the global financial landscape.
In the wake of this recent rally, observers note that Bitcoin’s ascent follows a period of volatility that featured a sharp correction in mid-December 2022. During that phase, the price dipped to around $40,521, representing a roughly 7.5 percent drop that reminded the market of the sensitivity of cryptocurrencies to broader risk sentiment and macroeconomic developments. The contrast between that mid-December dip and the current rebound highlights how quickly cryptocurrency markets can switch from declines to renewed appetite among buyers who are weighing long-term adoption against short-term price fluctuations.
Among Russian investors, December brought discussions about the potential role of Bitcoin versus traditional stores of value like gold. Experts have long noted that gold has withstood geopolitical tensions over the past two years, maintaining its appeal as a tangible hedge. Yet in that same period, cryptocurrencies have shown limited progress in terms of widely recognized, applied value beyond speculative activity. As a result, many market participants continued to classify cryptocurrencies as high-risk, fiat-like investments rather than as dependable pillars of a diversified portfolio. This ongoing debate reflects a broader question about how digital assets fit into long-term strategic asset allocations for individuals and institutions alike.
Looking at buy-side timing, Russian voices in early December weighed possible entry points for Bitcoin. Dmitry Machikhin, the founder of BitOK, a service focused on crypto asset control, accounting, and analysis, offered a perspective on value thresholds that traders may monitor. He suggested that Bitcoin becomes compelling when its price experiences a drop of roughly 20%, which would position the coin around the $33,000 level. In that sense, such guidance points to a disciplined approach that combines fundamental awareness with risk management, helping investors resist the impulse to chase rapid moves and instead consider more favorable entry points during retracements.
Earlier signals from the market also touched on the readiness of major platforms to support Bitcoin trading and related instruments. For instance, the SPB Stock Exchange had expressed interest in launching Bitcoin trading as part of its broader initiative to expand access to digital assets. This move mirrored a growing ecosystem where mainstream financial venues seek to integrate cryptocurrency products in response to investor demand and the evolving regulatory landscape. The development underscored the ongoing convergence between traditional exchanges and the crypto market, a trend that continues to shape liquidity, price discovery, and accessibility for a wide range of participants across the region.