The price of the popular cryptocurrency Bitcoin has reached the milestone of 64 thousand dollars. Which is the highest since November 2021. News RTA.
According to the news, the price of this virtual currency crossed the milestone of 64 thousand dollars on Wednesday (February 28) in the afternoon.
However, by 12:00 PM local time in Russia, the price of this virtual currency has decreased a lot and is close to 62 thousand dollars. However, the price of the virtual currency has been increasing for 5 consecutive days.
On January 10, the US Securities and Exchange Commission (SEC) approved investing in Bitcoin through Exchange Traded Funds, or ETFs, to track the cryptocurrency’s price. As a result, investors can now invest in Bitcoin through traditional investments. This has increased the price of Bitcoin by almost 40 percent so far.
The price of all bitcoins surpassed $2 trillion this month for the first time in two years, Reuters reported on crypto platform CoinGico.
Earlier, in November 2021, the price of Bitcoin in the world market reached an all-time high of 68 thousand 982.20 dollars. After that, the virtual currency fell to around $29,000 last July amid criminal charges against Binance founder Changpeng Zhao and concerns about China’s economic woes.
