The cost of the cryptocurrency bitcoin for today at 09:00 hours (UTC) is 96,211.2 dollars. This means that the digital currency reported a change of -0.31% in the last 24 hours, as well as a movement of -0.06% in the last hour.
Due to its market capitalization, this digital currency holds the position #1 among the most popular.
The historical flow of investments drives bitcoin to unprecedented highs
In March of last year, bitcoin reached a new all-time high, surpassing previous values and reaffirming itself as the most important cryptocurrency in the market, approaching 73 thousand dollars. This record was achieved amid an unprecedented flow of investments into cryptocurrencies, a notable event for the digital financial sector.
The increase in the value of bitcoin occurs in a context where there is a massive influx of capital into cryptocurrencies, indicating growing interest and confidence from investors in these assets. The price rise benefits not only bitcoin but also has a positive impact on the cryptocurrency market in general, favoring greater stability and visibility, according to an analysis by Bloomberg.
Experts attributed this increase to various factors, such as institutional adoption of cryptocurrencies, the search for investment alternatives due to global economic uncertainty, and ongoing innovation in the blockchain technology that underpins bitcoin and other digital currencies. This combination of factors has created a favorable environment for the continuous growth in the value of Bitcoin.
