The price of bitcoin rose last night to close to $ 39,000 for the first time since mid-June, as the mood in the cryptocurrency markets strengthened after the recent sale.
The largest digital currency in the world traded at around $ 38,059.84 before midnight Eastern Time, according to KoinDesk, which is a jump of almost 11 percent compared to 24 hours earlier, and at one point during trading even reached a price of $ 39,544.29, the highest level since June 16.
The growth of bitcoin has pushed other cryptocurrencies up as well. Ether strengthened 5.9 percent to over $ 2,299.55, CNBC reports.
The entire virtual money market recorded a value increase of more than 114 billion dollars in just 24 hours, according to data from the portal Koinmarketkap.com.
The recovery comes after the statements of leading people of some world companies at the “B-world” conference held after the recent steep fall of bitcoin below the level of 30,000 dollars per coin, caused by a global sale that caused fear that the collapse of the world’s oldest cryptocurrency could deepen.
Tesla CEO Elon Musk announced at the event that the company will probably start accepting bitcoin again for the purchase of its vehicles, thanks to the intensified transition to renewable energy sources in the mining of that digital coin.
Earlier, in May this year, “Tesla” suspended the possibility of buying vehicles for bitcoins due to, as he stated, concerns related to the “accelerated growth of the use of fossil fuels” in the mining of that virtual currency.
In addition, the optimism of participants in digital money trading was boosted by the e-commerce giant Amazon, which announced that it would expand its team by hiring experts in digital currencies and blockchain, which suggests that it could investigate the possibility of paying with bitcoin and other cryptocurrencies.