"Bitcoin" exceeds $57,000

  • International
  • 28 February 2024
1

Bitcoin has continued its significant upward trend in recent days, supported by investor demand through exchange-traded funds.

Bitcoin hit $57,159, the highest level since late 2021, up more than 10 percent. While the "Ether" currency recorded $ 3232, after reaching $ 3275, the highest level since April 2022.

The price of Bitcoin has risen 30 percent since the start of the year. The combined value of digital assets is now about $2.2 trillion, compared to a level of only about $820 billion in 2022 when cryptocurrency platforms, led by FTX, collapsed."

Source (Al-Sharq Al-Awsat Newspaper, Edited)

 

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