Bitcoin course tests the level of $ 10 thousand on the eve of halving

Since yesterday evening, the PTS rate began to grow rapidly, passing at night over the mark of $ 10 thousand, which is the best indicator since February 24. However, the subsequent correction cooled the fuse of the bulls.

Over the past 24 hours, the price of Bitcoin has risenby 5.57% and at the time of publication fluctuates around $9830. The growth confirms not only the increased interest of investors in the digital asset against the backdrop of economic consequences, but also the beginning of active preparation of the market for halving on May 11.

Since the beginning of the year, the BTC exchange rate has increased by more than 30%, which is much better than the indicatorsmost stocks and indices. In parallel with the revitalization of the cryptocurrency market, the open interest in bitcoin futures of the CME Group reached a record high of $ 400 million, although trading volume was half that of the February level.

Despite the positive dynamics, expertsnote that immediately after the two previous halvings, the price of bitcoin fell sharply by 10% and 38%, respectively. However, then it was not only restored, but also set new highs.

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