Send to Kindle
@Pixabay
Bitcoin, the leading cryptocurrency, has surged to a new record high, surpassing $70,000 for the first time and reaching a peak of around $71,300, according to reports from AFP.
The remarkable rise in the price of Bitcoin, which has soared by almost 160% since October 2023, represents a stark contrast to the challenges faced by the digital asset market in 2022. During that time, the market endured an 18-month downturn, referred to as a "crypto-winter," characterized by corporate bankruptcies and scandals within the cryptoasset industry.
Bitcoin's recent surge, particularly the 44% increase witnessed in February and early March of this year alone, underscores the renewed optimism and investor interest in cryptocurrencies. The cryptocurrency's remarkable performance in recent months has reignited enthusiasm among investors and industry observers, signaling a resurgence in confidence in digital assets.
Despite occasional volatility and regulatory uncertainties, Bitcoin's latest milestone further cements its position as the flagship cryptocurrency and underscores its resilience in the face of market challenges.
US stocks plummeted, Bitcoin took a hit, and market fear spiked following US President Donald Trump's remarks about the economy, fueling concerns about a potential recession
An Argentine judge has been assigned to investigate allegations of fraud against President Javier Milei following his promotion of the $LIBRA cryptocurrency
Ruja Ignatova, the notorious figure behind the OneCoin cryptocurrency scam, is reportedly alive and being hidden by international criminal cartels
Bitcoin approached the 100,000 dollar mark on Thursday, fueled by investor optimism about a potentially more favorable regulatory landscape under the administration of President-elect Donald Trump
Bitcoin surged to an all-time high on Tuesday, nearing the 90,000 dollar mark with a peak of 89,900 during late Asian and early European trading
The U.S. dollar and stock index futures experienced notable increases
Bulgaria is fully meeting all nominal criteria required for joining the eurozone
The introduction of the euro in Bulgaria will not lead to changes in loan or deposit interest rates
In the fourth quarter of 2024, Bulgaria's economy showed a stronger performance than anticipated
In February, Bulgaria's annual inflation rate rose to 4%, up from 3.8% in January
Bulgaria’s prospects of joining the eurozone in January 2026 remain within reach
In a ruling on February 13, 2025, the EU Court of Justice (CJEU) addressed the issue of transparency in consumer loans, emphasizing that banks must provide clear, complete
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability
