The value of bitcoin exceeded $109 thousand for the first time in history.

The cost of bitcoin updated the historical maximum, exceeding $109 thousand. This is evidenced by the data of the exchange Binance on January 20.

As of 09:56 Moscow time bitcoin rose by 3.63% and reached a mark of more than $109 thousand. After 10:00 Moscow time the growth of the cost of cryptocurrency slowed down.

At 11:07 Moscow time, the cost of bitcoin is $107 thousand.

Before that, on January 13, the cost of bitcoin fell below $90 thousand for the first time since November 18, 2024. The minimum mark was set at $89,919, which is 5.21% less than the previous figure.

Bought up for growth: bitcoin could hit an all-time record in the coming months

Why the rate of the main cryptocurrency has been declining in recent days and what will affect it in the near future

BitRiver financial analyst Vladislav Antonov shared with Izvestia on January 16 that the growth dynamics of cryptocurrencies are influenced by many interrelated factors, including the overall macroeconomic environment and the monetary policies of major central banks. He also called Ethereum a promising currency besides bitcoin.