After a significant drop in November, the price of Bitcoin began to rise with the arrival of the new month, increasing by more than 7% in the last 24 hours, according to trading platform data.
According to information from CoinMarketCap, which analyzes average prices on more than 20 exchanges, as of 10:09 Moscow time, the price of Bitcoin jumped by 7.26% to $93,303.63. On the largest cryptocurrency exchange, Binance, the price of Bitcoin rose by 7.29%, reaching $93,291.72.
Experts predict that the upward trend observed in recent weeks will continue. "We expect the price to reach the range of $95,000 to $100,000, after which a slowdown in the growth rate may occur," quotes Reuters analyst Tony Sycamore from IG Markets.
