The bitcoin rate rose sharply during trading on Friday, October 1.

At about 06:00 Moscow time, bitcoin reached a daily minimum, falling to $43,292 per coin, and then began to rise in price. By 11:00 it has risen by 3.5 percent to $44,806. At 13:30 Moscow time, a new skyrocketing began – by 6 percent from $44,917 to $47,602. At the peak, the rise in price was 11.3 percent. At 14:35 Moscow time, Bitcoin was trading at $47,344 apiece.

The rapid growth in bitcoin quotes occurred a week and a half after a major collapse. On September 24, the cryptocurrency rate fell 9.3 percent to $40,908 due to the decision of the Central Bank of China to ban all transactions related to the cryptocurrency.