Baku: The price of Bitcoin has surged on cryptocurrency exchanges, reaching significant heights. Bitcoin, recognized as the world’s most expensive cryptocurrency, has increased by 4.63% to USD 103,818 as of 11:55 AM Baku time, as per data from the CoinMarketCap platform.
According to Azeri-Press News Agency, the increase in Bitcoin’s value is accompanied by a notable rise in the price of Ethereum, which has grown by 23.14%, reaching USD 2,371. Additionally, other prominent cryptocurrencies have experienced gains, with XRP increasing by 7.05% and BNB rising by 3.39%.
It is important to note that Bitcoin’s highest recorded price was on December 16 last year, when it exceeded USD 108,000. The latest figures underscore the volatile yet lucrative nature of the cryptocurrency market, attracting both investors and traders globally.