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Bitcoin surpasses $35,000, first time since May 2022

 Update: 15:34, 25 October 2023

Bitcoin surpasses $35,000, first time since May 2022

World's biggest cryptocurrency Bitcoin grew by 16.08 per cent to $35,141, according to data from the Coindesk platform.

As of 02:31 GMT time , the price of Bitcoin decreased and reached $34,721 (+14.76%).

The last time the price of Bitcoin exceeded $35,000 was May 7, 2022.

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries.