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Bitcoin crosses $47,000; first time since March 30, 2022

 Published: 13:21, 9 January 2024

Bitcoin crosses $47,000; first time since March 30, 2022

The price of world's most used cryptocurrency Bitcoin rose above $47,000 for the first time since March 30, 2022, according to the Coindesk platform.

As of 19:59 GMT, the bitcoin grew by 6.33% to $47,054. By 20:08 GMT, the figure had slowed down and reached $47,035 (+6.28%).

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or a group of people using the name Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries.