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Friday, May 10, 2024

Bitcoin surges above 1.537 million baht marking a significant peak

Photo courtesy of Traxer (Unsplash)

With a noteworthy rise of 3%, Bitcoin surged above US$45,000 (1.537 million baht) today, marking its first significant peak since April of the previous year. This considerable leap has signalled an auspicious start to 2024 for the world’s leading and most recognisable cryptocurrency.

Earlier in the day, Bitcoin had reached an impressive 21-month high of US$45,386 (1.550 million baht). It later settled with a 2% increase, standing at a robust US$44,980 (1.536 million baht), reports Bangkok Post.

Simultaneously, Ether, the cryptocurrency associated with the Ethereum blockchain network, experienced its growth. It recorded a 1% increase, bringing its value to US$2,376 (81,176 baht). This concurrent rise further underlines the optimism surrounding the digital currency market as it ventures into the new year.

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