BREAKING: Bitcoin price for the first time exceeded 38 thousand dollars

US, NEW YORK (ORDO NEWS) — The cost of the most popular cryptocurrency, bitcoin, exceeded 38 thousand dollars for the first time, according to trading data.

According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, as of 3:43 pm Moscow time, bitcoin rose by 8.82%, to $ 37,994 thousand. On the Binance exchange, the largest cryptocurrency exchange in terms of trading volume, bitcoin is growing in price by 8.65%, to $ 37,935 thousand.

Earlier in the course of trading, the price of bitcoin for the first time exceeded the $ 38 thousand mark and reached a new all-time high at $ 38,200.

Bitcoin accounts for approximately 68.7% of the entire global cryptocurrency market.

Bitcoin soared in value in the second half of December. The cryptocurrency surpassed its all-time high of $ 20,042 since 2017 on December 16, and has continued to break records ever since. In January, the cryptocurrency continued its bullish trend: in the first two days of 2021, it sequentially crossed several marks at once and rose from $ 30,000 to $ 34,000. On Monday, as part of the correction, the drop in bitcoin reached 16%, the value of the cryptocurrency dropped to 28.1 thousand dollars, but later bitcoin returned to the “bullish” trend.

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