The Bitcoin reached a historic milestone early on Thursday, surpassing the psychologically important threshold of $100,000, according to Binance platform’s trading data.
The threshold was crossed at 5:33 a.m. Moscow time (2:33 a.m. GMT) as the crypto currency gained 4.49% during trading.
As of 5:42 a.m. Moscow time (2: 42 a.m. GMT) the Bitcoin accelerated its growth, trading at $101,000 (+5.63%).
Experts told TASS earlier that Bitcoin could easily pass the $100,000 mark in the coming days and continue rising, up to the $300,000 level.
Another reason why cryptocurrencies attract investors is because Bitcoin and Stablecoin are seen as potential defensive assets during geopolitical crises.
Bitcoin is a decentralized system of a crypto currency of the same name based on the blockchain technology, which can be mined by any user - system participants. The concept was published in November 2008 by its author (possibly a group of authors) under the pseudonym Satoshi Nakamoto.
Bütün xəbərlər Facebook səhifəmizdə
Other news
Latest news
Pakistani citizen dies as wall collapses in Azerbaijan, another injured
Event 13 Yanvar 17:30Algerian blogger scandal: A symptom of France's failing foreign policy
World 13 Yanvar 16:49Azerbaijan weather forecast for January 14
Social 13 Yanvar 16:18Trade turnover between China, US increased by 3.7% in 2023
Economy 13 Yanvar 15:46Peskov: No substantive preparation for the talks between Putin and Trump yet
Politics 13 Yanvar 15:17Media: Breakthrough achieved in Gaza settlement talks in Doha
World 13 Yanvar 14:42Armenia experiences 7% decline in tourist arrivals in 2024
Tourism 13 Yanvar 14:05Ilham Aliyev arrived in United Arab Emirates for working visit
Politics 13 Yanvar 13:04Iranian parliamentary delegation visits Armenia
Politics 13 Yanvar 12:47Heydar Aliyev International Airport: 2024 achievements and results
Tourism 13 Yanvar 12:14Croatia’s incumbent president winning elections with 73.6% — electoral authority
Politics 13 Yanvar 11:49Biden speaks with Israel's Netanyahu as ceasefire negotiations take place in Qatar
World 13 Yanvar 11:11New Israeli ambassador to Azerbaijan appointed
Politics 13 Yanvar 10:11Another group of former internally displaced persons leave for Jabrayil
Politics 13 Yanvar 09:48Death toll in Los Angeles fires rises to 24
Event 13 Yanvar 09:16В Сиязане задержаны четыре человека по подозрению в кражах
Event 11 Yanvar 14:48Azerbaijan’s Embassy in Peru brightens holidays for children from low-income families
World 11 Yanvar 14:43Armenia says plans to appeal to OSCE on abolition of Minsk Group
Politics 11 Yanvar 14:05Supreme Court seems likely to uphold a law that could ban TikTok in US
World 11 Yanvar 13:32Biden describes Los Angeles as 'war zone' after fires
Politics 11 Yanvar 12:13Biden to give prime-time farewell address to US nation
World 11 Yanvar 11:39UN to welcome any dialogue between Russia, US — secretary general’s office
World 11 Yanvar 11:13Zuckerberg claims Biden officials ‘screamed’ and ‘cursed’ at Meta execs over Covid vaccine posts
Technology 11 Yanvar 10:41Erdogan appoints new Turkish envoy to Azerbaijan
World 11 Yanvar 10:00MFA extends condolences to US over deaths in California wildfires
World 11 Yanvar 09:20Belgian King extends condolences to Azerbaijani President over plane crash
Politics 10 Yanvar 17:44Peskov: Putin and Trump ready for bilateral meeting, but no specifics yet
Politics 10 Yanvar 17:23Azerbaijan's Consulate General in Los Angeles evacuated due to wildfires
World 10 Yanvar 16:47Türkiye supports Ilham Aliyev's decisive steps towards peace in region, says FM
Politics 10 Yanvar 16:14Finance Minister Samir Sharifov appointed as Azerbaijan's Deputy PM
Economy 10 Yanvar 15:21Ilham Aliyev approves agreement on military co-op between Azerbaijan and Morocco
Politics 10 Yanvar 14:53Azerbaijani border guards prevent smuggling of goods worth $26M
Social 10 Yanvar 13:33Growing demand for Azerbaijani gas will support economic growth in country, UN states
World 10 Yanvar 12:48Personalized Offers Now Available in the Azercell App
Social 10 Yanvar 12:31Number of people in Azerbaijan wishing to donate their organs after death increased
Health 10 Yanvar 12:1420 new generation wagons to be brought to Baku metro this year
Economy 10 Yanvar 11:352024 is officially the warmest year on record
Social 10 Yanvar 11:11Biden calls Los Angeles wildfires worst in California’s history
World 10 Yanvar 10:43Pakistani PM to visit Azerbaijan
Politics 10 Yanvar 10:16UN: Azerbaijan's average annual GDP growth in 2025-2026 to be 3%
Economy 10 Yanvar 09:48Donald Trump says meeting with Putin being arranged
Politics 10 Yanvar 09:25Türkiye may launch anti-terror operation in Syria
Politics 9 Yanvar 17:48Peskov: Russia to continue to develop relations with Azerbaijan, Armenia
World 9 Yanvar 17:13Poland ready to support Azerbaijan in investigating AZAL plane crash
World 9 Yanvar 16:49Peskov: Putin apologized for AZAL plane crash near Aktau
World 9 Yanvar 16:18Azerbaijan weather forecast for January 10
Social 9 Yanvar 15:46Polish presidency to foster confidence-building activities between EU and Azerbaijan
Politics 9 Yanvar 15:22Pashinyan: Armenian citizens face difficulties obtaining visas to EU countries
Politics 9 Yanvar 14:37Azerbaijan's Foreign Ministry extends condolences to Georgia
Politics 9 Yanvar 14:12UN circulates Azerbaijani President's address as official document
Politics 9 Yanvar 13:06LA on fire: Hollywood stars in shock as their homes burn
Event 9 Yanvar 12:43Azercell receives the "Workplace Well-Being 2024" award
Social 9 Yanvar 12:29Musk looking for ways to oust Starmer as British premier
Interesting 9 Yanvar 12:15Turkish Armed Forces put on combat readiness for possible operation in Syria
Politics 9 Yanvar 11:48Bild: Europe is worried over Trump's remarks about Greenland
World 9 Yanvar 11:22Trump says he won't let China run Panama Canal
Economy 9 Yanvar 10:48At least 19 people killed in attack on presidential palace in Chad — authorities
Event 9 Yanvar 10:16Newly renovated courtyards inaugurated in Baku
Social 9 Yanvar 09:42Pashinyan: Armenia expects continuation of border delimitation with Azerbaijan
Politics 8 Yanvar 17:15Azerbaijan weather forecast for January 9
Social 8 Yanvar 16:48Mirzoyan: Yerevan and Baku record progress in normalizing relations
Politics 8 Yanvar 16:17Details of Azerbaijani vessels' detention in Africa revealed
Politics 8 Yanvar 16:02Azerbaijani banks write off loan debts of citizens who died in AZAL plane crash
Politics 8 Yanvar 15:42WAC thanks President Aliyev for support in their peaceful homecoming
Politics 8 Yanvar 15:00MFA working on release of 18 Azerbaijani citizens detained in Eritrea
World 8 Yanvar 14:32Ilham Aliyev: We can elevate US-Azerbaijan relations to a strategic level
World 8 Yanvar 13:44Ilham Aliyev: Azerbaijan's steps in recent years are being analyzed very seriously
Social 8 Yanvar 13:1810 new metro stations to be built in Baku
Social 8 Yanvar 12:47President of Azerbaijan: Zangezur corridor must and will be opened
Economy 8 Yanvar 11:40Ilham Aliyev: Armenia is actually source of threat to region
Politics 8 Yanvar 11:11President of Azerbaijan: Political and moral crisis in leading Western countries is obvious
Politics 8 Yanvar 10:47AZAL cancels today’s Baku-Kazan flight
World 8 Yanvar 10:30President: I know that the Azerbaijani people stand behind me
Social 8 Yanvar 10:18President: Azerbaijan's acceptance into D8 once again demonstrates authority of our country
Economy 8 Yanvar 09:45International flights resume at Damascus airport
Tourism 7 Yanvar 17:49Monetary base in Azerbaijan rises slightly
Economy 7 Yanvar 17:14Papuashvili: 61% of French support Macron's resignation
World 7 Yanvar 16:42TABIB reveals state of those who injured at AZAL plane crash
Health 7 Yanvar 16:00Nearly 4,000 Azerbaijani state institution employees targeted in major cybersecurity breach in 2024
Technology 7 Yanvar 15:26Irakli Kobakhidze accuses French President of lying
World 7 Yanvar 14:37Saudi Arabia in turmoil as flash floods and storms ravage Mecca and Medina
World 7 Yanvar 14:06China's State Council activates Level 3 emergency response over quake
World 7 Yanvar 13:30Inmate in Armenia cuts off his tongue
Event 7 Yanvar 12:44S. Korean police issue 3rd summons to head of Presidential Security Service
World 7 Yanvar 12:17134 public employees were subjected to hacker attacks in 2024
Technology 7 Yanvar 11:50“Azercell Könüllüləri”congratulated children on the holidays
Social 7 Yanvar 11:49President awards Ahmad Ahmadzade the Order of Honor
Social 7 Yanvar 11:24New appointments made to management of Central Bank of Azerbaijan
World 7 Yanvar 10:48Tibet earthquake kills at least 53
Event 7 Yanvar 10:16Mehriban Aliyeva extends Christmas congratulations to Azerbaijan's Christian community
Social 7 Yanvar 09:35Orthodox Christians celebrate Christmas today
Social 7 Yanvar 09:05Ministry of Health issues recommendations on preventing metapneumovirus infection
Health 6 Yanvar 17:46Private news
Digər xəbərlərCentral Asian Countries' War on Gas
Politics 14 May 2024 18:03Seventh International Mugham Festival 'Kharibulbul' held in Shusha
Culture 13 May 2024 18:07Large-scale protests supporting Palestine emerge in US from late April to early May
Politics 3 May 2024 18:07President of Azerbaijan: Now, we have a common understanding of how the peace agreement should look like
Politics 23 Aprel 2024 17:29President Ilham Aliyev: We are proud that Azerbaijani specialists took an active part in construction of BAM
Politics 22 Aprel 2024 21:42Armenia's Border Provocations Have Broader Goals, Says Political Analyst
Politics 16 Aprel 2024 18:40Redactor's choice
Popular
Exchange rates
- USD 1,7000 0,00%
- EUR 1,7360 -0,82%
- GBP 2,0636 -1,28%
- RUB 1,6680 +0,32%