Thursday, November 14

Bitcoin on the rise: price is trading at $41,000

Pese al aumento en el precio del Bitcoin, aún no alcanza los $43,000 dólares que la criptomoneda registró a principios de febrero de 2022.
Despite the increase in the price of Bitcoin, it has not yet reached $43,000 dollars that the cryptocurrency registered in early February 2022.

Photo: Chris McGrath / Getty Images

Julio Guzmán

After the gains of the previous session, Bitcoin traded around $41,100 dollars, scoring a two-day winning streak at 20 of April.

The news comes amid the decline in gains that the cryptocurrency has experienced this year. So far in April a loss of more than 9% has been recorded, and more than 10% so far from 2022.

In addition to Bitcoin, Ethereum, the second largest cryptocurrency by market capitalization, also reported losses on the way down 12%. Data from CoinMarketCap shows that as of Monday 18 in April the crypto market in general had fallen on average by 19%.

However, despite the low earnings of cryptocurrencies this year, the impact has been less than the actions associated with cryptocurrencies, whose earnings report plus losses.

According to FactSet, the shares of companies related to the publicly traded cryptocurrencies have fallen by as much as 60% so far this year.

Despite the slight increase in the price of Bitcoin, there is still no clear picture to overcome the $43,000 dollars that the cryptocurrency registered in early February 2022, after several consecutive days reporting more than 12% of its value on that occasion.

The last time Bitcoin broke the $41,000 dollars was at the beginning of 2022. On that occasion it did not last too long at that price. The bans announced by the Russian central bank caused it to plummet.

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