Bitcoin prices surged above $45,000 during the latest trading session, reaching a milestone not seen since April 5, 2022, as reported by Coindesk data.
As of 04:05 a.m. Moscow time, the cost of bitcoin witnessed a notable 6.33% increase, reaching $45,173. Just four minutes later, at 04:09 a.m. Moscow time, bitcoin’s upward momentum persisted, with the cryptocurrency standing at $45,374, reflecting a 6.93% increase.
Bitcoin, created in 2008 by an entity or group using the pseudonym Satoshi Nakamoto, operates as a decentralized digital currency. It functions without a central bank or single administrator and facilitates peer-to-peer transactions on the bitcoin network without the need for intermediaries. The recent surge in its value marks a significant rebound in the cryptocurrency’s market performance.
