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    BusinessBitcoin reached its highest level since 2022

    Bitcoin reached its highest level since 2022

    On Friday the Bitcoin cryptocurrency reached its highest levels since 2022, exceeding $31,400 dollars per coin this after the collapse of important banking entities in the United States prompted investors to seek alternatives to save their money.

    According to a file from the US Securities and Exchange Commission (SEC), digital currency rose about 87% this year, after a strong trend for cryptocurrencies. Despite its increase Bitcoin continues to remain below $60,000 marked as its all-time high in 2021.

    And it is that since last year, the cryptocurrency has also been affected by the accelerated rate of interest rate increases by the Federal Reserve to control inflation, in addition to the collapse of the second cryptocurrency exchange FTXwhich showed that bad practices and lack of regulation were being generated in the sector.

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    For that reason earlier this month, the SEC filed a lawsuit against the online platform for buying, selling, transferring and storing cryptocurrencies, Coinbase ensuring that it is not properly registered. A day earlier, cryptocurrency exchange Binance was also accused of operating illegal exchanges in the United States and mixing the assets of its clients.

    For its part, US multinational investment firm BlackRock has applied to register a bitcoin exchange-traded fund, according to SEC reports.

    Keep reading:

    Source: La Opinion

    Awutar
    Awutar
    This post is posted by Awutar staff members. Awutar is a global multimedia website. Our Email: [email protected]

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