Home Business Bitcoin Price Reaches Highest Value Since Mid-April, Surging 4.74% During Trading Session

Bitcoin Price Reaches Highest Value Since Mid-April, Surging 4.74% During Trading Session

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Bitcoin Price Increases by 4.74% in Today’s Trading Session

The price of the Bitcoin cryptocurrency recorded an increase of 4.74% during today’s trading session, reaching its highest value since mid-April in the amount of $31,287 thousand.

Coindesk Data

According to Coindesk data, Bitcoin recorded a maximum price at 18:55 Moscow time, slowing down growth at 19:02 and settling at around $31.198 thousand (+4.48%).

Decentralized System

It is reported that “Bitcoin” is a decentralized system for the cryptocurrency of the same name, and it is based on blockchain technology. The coin can be “mined” by any user participating in the system.

Creator and Popularity

The concept of the system was published in November 2008 by its creator (or possibly a group of innovators) under the pseudonym Satoshi Nakamoto. And the peak of the popularity of bitcoin is observed only in recent years.

Source

Source: TASS

With over a decade of experience, Brice Foster is an accomplished journalist and digital media expert. In addition to his Master's in Digital Media from UC Berkeley, he also holds a Bachelor's in Journalism from USC. Brice has spent the past five years writing for WS News Publishers on a variety of topics, including technology, business, and international affairs.

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