The price of one bitcoin rose above $14,000 on Saturday morning. It was the first time the virtual currency reached that level since January 2018.
The price of Bitcoin has surpassed the critical $14 000 mark, the highest level since January 2018.
For the first time since January 2018, the Bitcoin price has surpassed the $14 000 mark. The value of the cryptocurrency reached $14 100, according to data from Binance, the largest crypto exchange. Now BTC is traded at $13 795 level, which is 2.58% higher than the opening price.
Last week, the Bitcoin price approached $13 000 on the backdrop of, among other things, news from PayPal, which announced the integration of BTC in its platform. The growth of the price was also affected by the weakening of the US dollar.
Bitcoin rose by 26 percent this month. At the same time, analysts at JPMorgan, a major U.S. bank, believe that the cryptocurrency should cost 13 percent less. The yield of Bitcoin mining increased by 20% over the past week, almost returning to its October highs.
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