The price of Bitcoin gained 3.7% during the trading session reaching the highest level of $48,168, a fresh all-time high, according to the trading data, TASS reports.
As of 11:11 am, the Bitcoin price equaled $47,800 (+2.91%).
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or 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.