Bitcoin last up 5.05% at $96,286


(Reuters) – Bitcoin rose 5.05% to $96,286 at 2130 GMT on Wednesday, adding $4,633 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 150.3% from the year’s low of $38,505 on Jan. 23.
(Reuters) – Bitcoin rose 5.05% to $96,286 at 2130 GMT on Wednesday, adding $4,633 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 150.3% from the year’s low of $38,505 on Jan. 23.
(Reporting by Disha Mishra in Bengaluru; Editing by Chris Reese)
Bitcoin is a decentralized digital currency that allows people to send or receive money over the internet without the need for a central authority or bank.
A cryptocurrency is a digital or virtual currency that uses cryptography for security and operates on a technology called blockchain.
Blockchain is a distributed ledger technology that records transactions across many computers in a way that the registered transactions cannot be altered retroactively.
Market capitalization refers to the total market value of a company's outstanding shares or, in the case of cryptocurrencies, the total value of all coins in circulation.
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