Bitcoin price has risen to a record

12.10.2021

The bitcoin rate has grown by more than three percent per day and reached 57.59 thousand dollars – a record level since the beginning of May. This is evidenced by trade data.

The rise in price of the cryptocurrency could be influenced by the comment of the heads of the Fed and the US Securities and Exchange Commission (SEC), who said that they did not intend to ban bitcoin. Additionally, the recent SEC decision regarding the Volt Bitcoin Revolution ETF may have contributed to the growth. The regulator approved the work of the organization to sell shares to retail investors in companies that hold a substantial portion of the cryptocurrency on their balances.