The price of Bitcoin has crossed the $40,000 mark. The cryptocurrency is trading at this level for the first time since April 25, 2022.
As of 3:15 a.m. Bulgarian time, the price of Bitcoin rose to $40.1 thousand, according to the data of the service CoinMarketCap, which monitors the prices of cryptocurrencies on the largest sites. The growth for the day was about 2%, for seven days - 7%, and for a month - 15%.
According to experts, the cryptocurrency's recent rise is due to investor optimism about the slowdown in US inflation and a possible cut in the Fed's key interest rate. The upcoming changes in the regulation of the industry also support the positive dynamics./BGNES
