Bitcoin Tops $77,000 for First Time in History

© AP Photo / Alex BrandonA bitcoin token is shown at the Bitcoin 2024 conference
A bitcoin token is shown at the Bitcoin 2024 conference - Sputnik Africa, 1920, 09.11.2024
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MOSCOW (Sputnik) - Bitcoin is the first decentralized cryptocurrency, operating on a peer-to-peer network where transactions are verified and recorded on a public blockchain without any central authority.
The Bitcoin cryptocurrency surged to an all-time high on Friday, rising above $77,000, according to trading data from the Binance Cryptocurrency Exchange.
The cryptocurrency reached a peak of $77,252 late on Friday, but is currently trading at $76,522.
Tigran Gambaryan, an American citizen and Binance's head of financial crime compliance, attends a court hearing at the federal High Courts, in Abuja, , Thursday, April 4, 2024. - Sputnik Africa, 1920, 23.10.2024
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Bitcoin continues to rise in price amid news of Donald Trump's victory in the US presidential election. On Wednesday alone, the cryptocurrency rose by almost 9%.
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