Bitcoin price rises 8%

Bitcoin price on the largest cryptocurrency exchange Binance on March 9 morning increased by 8% over the past day, to $41,600, Report informs referring to the auction data.

Bitcoin price is recovering somewhat after falling to $38,000 last week.

In January, Bitcoin fell by almost 17%, in February its price recovered somewhat, rising by 12%. Since the beginning of March, the value of the cryptocurrency has so far shown a decline of about 3.7%.

At the end of last year, Bitcoin rose in price by 1.6 times - to $46,200 from $28,900. Moreover, in the first quarter, the cryptocurrency doubled in price - to $58,700. In November, the price of Bitcoin reached an all-time high of $69,000, after which it began to decline.