Bitcoin reduces its rise to 4.8% after touching $45,000 this afternoon

Update EC2310 with cryptocurrency data at 7:00 p.m. GMT

Madrid, March 1 (.).- The most traded cryptocurrency in the world, the , rose 4.5% this afternoon after it approached the psychological resistance of $45,000, the highest of last February 10, according to data of Bloomberg consulted by Efe.

At 7:00 p.m. GMT, bitcoin appreciated 4.8% and traded at $43,650.

At 2:00 p.m. GMT, that cryptocurrency approached $45,000, which implied a rise of close to 8% compared to the day before’s close ($41,655).

Year-to-date, Bitcoin is down 5.79% as it ended last year at a price of $46,333.65.

Other cryptocurrencies, such as the , rise to $2,920, up 3.5% at this time. Regarding the end of 2021, when it was quoted at $3,688.6, the ethereum fell 20.59%.

As IG analyst Diego Morin has pointed out, since the president of Russia, Vladimir Putin, decided to invade Ukraine in the early hours of last Thursday, “a lot of commotion has been triggered within the cryptocurrency market, causing the sighting of annual supports or even break historic lows”.

Morín has highlighted that “uncertainty will continue to haunt all assets, although the latest movements on donations in cryptocurrencies to the Ukrainian people have generated a high trading volume” in this market.

/jj