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Market overview: Bitcoin has surpassed $40,000 for the first time in a year and a half 

Innovative cryptocurrency has reached new heights, emphasizing the increase in interest in digital assets.

Yesterday, Bitcoin, the most popular representative of cryptocurrencies, has exceeded $ 40,000 for one and a half years for the past one and a half years. According to Reuters, the cryptocurrency rate at the time of preparation of this review was $ 41539.

This figure was recorded last in April 2022. Recall that a record for bitcoin was November 2021, when its value exceeded the mark of $ 65 thousand per coin.

Against the background of this achievement, Ethereum, another known cryptocurrency, has also reached a maximum over the last one and a half years, reaching $ 2253.

It should be noted that the rise in price of the main cryptocurrencies occurs on the background of general enthusiasm due to the expected decrease in interest rates in the United States. Traders also expect a speedy approval of bitcoin funds that are traded on the exchange. This further increases interest in digital assets.

The dynamics of the cryptocurrency market testifies to the continuation of their path to recognition and adoption in the financial markets. Market participants will follow the further development of the situation and the possible impact of these changes on the financial system as a whole.

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