Bitcoin has risen in price by $ 3.5 thousand overnight. The price of the first cryptocurrency again exceeded $ 66 thousand, over the past day it has grown by 6% Over the past 24 hours, the cost of the first cryptocurrency has increased by 6.3%, overnight Bitcoin has risen in price by $ 3.5 thousand ., to the current level of $ 66 thousand. The asset is approaching the record of $ 67 thousand, set on October 20. Until the peak values are updated, Bitcoin remains 1.5% growth.
The price of the first cryptocurrency is recovering after it dropped below $ 58 thousand on October 28. Since then, the asset has risen in price by 14%. Bitcoin's market capitalization has surpassed $ 1.2 trillion with daily trading volumes of $ 33.8 billion, according to CoinGecko.
Earlier, analysts at the investment bank JPMorgan called the fair value of bitcoin at $ 35 thousand. Experts compared the first cryptocurrency with gold and emphasized that the volatility of a digital asset is four times higher than that of a precious metal. Experts believe that if the fluctuations in the bitcoin rate are halved, then the goal of $ 73 thousand can be called reasonable.