Author: PEXELS | EUROPAPRESS
Price from bitcointhe cryptocurrency with the largest capitalization in the world, exceeded this Tuesday the threshold of 30 thousand dollars (27,573 euros) for the first time since June 2022, extending a recovery fueled by financial tensions that have shaken markets in recent weeks, following the intervention of several banking entities in the United States and the rescue of Credit Suisse from its rival, UBS.
In this way, in the last 24 hours, the price of bitcoin recorded a revaluation of more than 6%, reaching a maximum price of 30,397 dollars, according to Europa Press. In the last month, the reference cryptocurrency has risen in price by more than 46%.
With recent tensions in the financial sector, the price of cryptocurrencies has also risen due to expectations that the investment cycle will rate increases The Federal Reserve of the United States was completed earlier than expected.
The colossal disasters of 2022 are behind us, when market losses are compounded by a series of notorious bankruptcies such as FTX They dropped the price of bitcoin to $15,385.
Source: La Vozde Galicia
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
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