Friday, May 3, 2024

Bitcoin Hits a Fresh Record High above $62,500

According to the trading data, Bitcoin is considered as the most popular cryptocurrency and it has recently hit a fresh record that is high over $62,124.

As per the CoinMarketCap portal that calculates an average price which is based on the data from more than 20 exchanges highlights that bitcoin rose by over 2.84% that is to $62,600.

However, the recent value spike has sparked and it is growing as the use of the cryptocurrency is increasing as an investment as well as for the means of payment. Moreover, it is also recorded that since the start of 2021, Bitcoin has doubled its value in the market worldwide.

Mehjabeen Qasim
Mehjabeen Qasimhttps://startuppakistan.com.pk/
Business Journalist at Startup Pakistan

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