On the Binance platform, the largest cryptocurrency trading platform by trading volume, Bitcoin rose by 2.7% over the past 24 hours, reaching $80,200 by 6:20 AM Moscow time.
This is the first time Bitcoin has surpassed the $80,000 mark since January 31.
On a related note, market participants are closely watching Bitcoin’s movements during April, especially amid recent volatility in the world’s leading digital currency. Recently, the price saw a notable decline under pressure from institutional outflows from ETF funds, raising questions about the market’s next direction.
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