I continued Bitcoin digital currency It made strong gains during trading, and succeeded in surpassing important levels, and is about to breach its highest levels ever soon, approaching $67,000 due to the increasing demand for it by investors.
In terms of trading, the digital currency Bitcoin rose by approximately more than 7%, and is trading near the level of $67,057.49, with a daily trading volume of $56,796,735,225.
Thus, its capital value reaches $1,317,314,156,323, and Bitcoin maintains its first place among the most famous digital currencies in terms of market value.
Analysis indicates that the cryptocurrency continues its strong rise during transactions, supported by the unprecedented increase in demand for it, coinciding with the increasing demand for investment funds traded with spot Bitcoin contracts, at a time when digital asset investors are awaiting the Bitcoin halving event scheduled to occur during next April.
It should be noted that Bitcoin halving event It occurs when Bitcoin block mining rewards for Bitcoin blockchain miners are cut in half to reduce the number of new coins entering the network.
The initial reward for a bitcoin block was 50 bitcoins, but it is now 6.25 bitcoins per block, and after this next halving, the reward for mining a bitcoin block will be 3.125 bitcoins.
Bitcoin rose by 45% last February, recording its highest monthly gains in more than 3 years, supported by strong cash flows into instant exchange-traded funds that were launched in the United States this year.
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