#Cryptocurrency No. 1 rose in price to 41.7 thousand dollars. On March 16, during trading, bitcoin rose to $ 41.7 thousand at the moment, surprising those who were set up for a downward correction of this digital asset. In just two hours on Wednesday, cryptocurrency No. 1 rose by 2.7 thousand #dollars. Despite the fact that then bitcoin again went below 40 thousand dollars, at the beginning of March 17, it turned out to be above this value — 40.8 thousand dollars. The rise in the price of #bitcoin occurred against the background of the strongest rise in the Hong Kong Hang Seng Tech stock index, which increased by 22% over the day. In the evening Moscow time on March 16, cryptocurrency No. 1 was supported by the S&P 500 and Nasdaq Composite indices, which rose by more than 1%. The head of the investment and trading platform #Arba, Bill Barkhidt, said that he sees a long-term target for bitcoin at the level of 250 thousand dollars, and for Ethereum - 40 thousand dollars. According to the result of March 16, Ethereum, as well as bitcoin, turned out to be in the black, starting Thursday from the level of 2.75 thousand dollars. It is noteworthy that the rise of bitcoin happened against the background of the fact that the number of bitcoin addresses this week may exceed the symbolically important level of 40 million. According to #IntoTheBlock, at the beginning of this week, the number of such addresses reached almost 39.79 million, an increase of 888 thousand units since the beginning of the year. The average daily volume of transactions with bitcoin in the world currently amounts to $ 24.73 billion, which, for example, is 60% more than the volume of transactions with Apple shares. Some analysts believe that such dynamics is an important factor in the short-term growth of the #price of cryptocurrency No. 1.
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