Bitcoin price rises by 5.9%

The price of bitcoin rose on Monday morning, exceeding $47,000, Report informs.

On Binance, the largest cryptocurrency exchange in terms of trading volume, bitcoin has risen in price by 5.9% to $47,250.

According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, bitcoin has risen by 5.69% to $47,169.

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 an increase of 8%; in general, during the month, the cryptocurrency showed moderate dynamics without sharp jumps.