The price of bitcoin on the Binance crypto exchange has updated its all-time high, rising above $ 48 thousand. Over the past 24 hours, the cryptocurrency has risen in price by 23%. Its market capitalization exceeded $ 892 billion with daily trading volumes of about $ 100 billion, according to RBC Crypto.
The latest wave of growth in the cryptocurrency rate started after Tesla reported to the US Securities and Exchange Commission (SEC) that it had invested $ 1.5 billion in bitcoin in January. The company noted that it plans to start accepting cryptocurrency in quality of payment.
In March 2020, cryptocurrency quotes fell below $ 4 thousand, in December for the first time they exceeded $ 20 thousand.Over the past 11 months, bitcoin has risen in price by more than 1,100%.
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