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Bitcoin price rose above $ 52,000

On the afternoon of March 3, the bitcoin rate on the Binance crypto exchange updated the weekly maximum value at a level above $ 52.6 thousand.The last wave of growth in the price of the cryptocurrency started on February 28 from a local minimum of $ 43 thousand.Over the past three days, bitcoin has risen in price by 21%, per day – by 7 %, writes RBC Crypto.

The capitalization of the first cryptocurrency is again approaching the $ 1 trillion mark. According to Coingeko, at the moment it is $ 975 billion with a daily trading volume of $ 60 billion. Its share in the digital money market has reached 59.8%.

Earlier, Canadian investor and TV presenter Kevin O’Leary predicted that Bitcoin’s market capitalization could reach $ 20 trillion. In his opinion, in the future, the first cryptocurrency will become a stable financial instrument, since it will be present in many investment portfolios to protect against risks.

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