Moscow: The price of bitcoin has increased by US $ 116,000 for the first time, a new milestone in cryptocurrency history. Binance’s trading data suggests that Bitcoin (BTC) broke the US $ 116,000 mark, which increased by 4.69 percent within 24 hours to reach 116,322.71875 USDT.
Bitmex, another major Cryptocurrency Exchange, recorded another high peak, as Bitcoin climbed above the US $ 117,000 to mark a new all-time high (eth) by climbing above the US $ 117,614.
The boom reflects increasing investors confidence and market speed, which strengthens the condition of bitcoin as a major digital property. Analysts credits a rally to widely adopt cryptocurrency in institutional interest and global finance.
