MOSCOW: The price of Bitcoin has hit a fresh all-time high exceeding $98,000, according to Binance platform data.
As of 2:03 p.m. Moscow time (11:03 a.m. GMT), the price of the cryptocurrency was up by 5.23% at $98,021.
By 2:19 p.m. Moscow time (11:19 a.m. GMT), the Bitcoin price had extended gains trading at $98,139 (+5.49%).
Experts told TASS earlier that the Bitcoin could easily cross the $100,000 mark in coming days and continue its growth up to $300,000 at the current growth stage.
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.
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