For the first time in two months, the price of the cryptocurrency Bitcoin is above $ 21,000 again. The cryptocurrency has risen sharply since the start of the new year.
Bitcoin above $21,000
Many traders expect Bitcoin to be past its low point. There is also a lot of optimism in the financial world about the peak of inflation.
The currency rose sharply on Saturday in particular and rose above USD 21,000 for the first time in more than two months. Bitcoin rose in value by up to 7.5 percent on Saturday at more than $21,000. At the time of writing, Bitcoin has experienced an increase of over 22 percent in the past 7 days.
Rise in Altcoins
Various altcoins such as Ethereum, BNB, Polkadot and Cardano are also following the price increase of Bitcoin.
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