Bitcoin surpassed the $ 44,000 barrier

The rise in Bitcoin’s value occurred in the afternoon hours of February 7, reaching a high of USD 44,332 per unit before falling back slightly

According to the data collected, the rise in the value of Bitcoin occurred in the afternoon hours of February 7, reaching a high of $ 44,332 per unit before falling back slightly and stabilizing around $ 44,216 at the time of publication.

With this increase, Bitcoin has risen by 2.42 % compared to the prices recorded at the same time of the previous day. In addition, the daily trading volume on the major exchanges has experienced a significant increase of 22 %, surpassing $20.660 billion in buy and sell transactions during the last 24 hours.

According to a report by CoinDesk, this increase in the price of Bitcoin coincides with the accumulation of the cryptocurrency by large investors, known as whales, and is backed by the strong performance of stock indices in the US markets.

There is also a possible reduction in the number of new bitcoins entering the exchanges, which suggests a lower interest in selling on the part of the miners who support this leading digital currency.

K. Tovar

Source: Diariobitcoin

(Reference image source: Kanchanara, Unsplash)

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