This is the second time in history the digital token is rapidly growing in price. The price of Bitcoin (BTC) has reached a 3-month high at $45,791 per token, a level previously seen on 17 May. BTC gained 2.38% in the past 24 hours, with the overall market capitalisation of the digital token hitting $858 billion. The return to the $45,000 price level comes as Bitcoin’s value continues to rebound after it sustained a major drop in May 2021. The price of BTC reached a six-month low on 21 June at $29,608 per token, but has since started to rise again.

Source: The Nation August 09, 2021 14:15 UTC