The price of bitcoin hits a new high in the last 13 months, exceeding $31,000 mark

BestChange
2 min readJul 4, 2023

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The growth of the bitcoin rate began after it became known that the NASDAQ exchange had re-applied to register a spot bitcoin ETF from BlackRock.

The new documents identify investment company partners such as crypto exchange Coinbase and BZX exchange Cboe, which represents several potential issuers of bitcoin ETFs, including Fidelity, WisdomTree, VanEck, ARK Invest and Invesco.

The growth of the bitcoin rate also affected the prices of other cryptocurrencies, for example, Ethereum has grown by 0.4% over the past 24 hours, reaching $1.95 thousand.

Ripple (XRP) rose 1.6% to $0.48, Cardano (ADA) rose 1.5% to $0.29, and Polygon (MATIC) rose 3.4% to $0.29. $0.7 marks. However, the Solana (SOL) cryptocurrency rate fell by 0.7% to $19.21.

The total market capitalization of cryptocurrencies increased by 0.6% to $1.25 trillion, and the daily trading volume amounted to $44 billion.

Due to the growth of cryptocurrency rates during the day, 26 thousand positions of traders were liquidated on crypto exchanges for a total of $66 million.

As a result of a survey, conducted by Consensys and YouGov, it turned out that 92% of the world’s population had heard of cryptocurrencies. Residents of countries with an unstable financial system show particular attention to them. The study involved 15158 people aged 18 to 65 from 15 countries in different regions.

As a result, 92% of participants have an idea about cryptocurrencies. 31% of those surveyed believe that cryptocurrencies will be the future form of digital property, while 37% see them as part of the monetary system. Only 15% of Britons and 17% of Germans agree with this statement. Approximately 25% consider cryptocurrencies to be a scam. Americans and Brits mostly associate cryptocurrencies with fraudulent schemes.

Nigerians (65%) and Argentines (56%) show the greatest interest in storing digital assets, and see them as an effective means of storing value. Analysts attribute this to the instability of financial systems and national currencies in these countries.

The survey also addressed the issue of the environmental impact of cryptocurrencies. 57% of Brazilians believe that they do not harm the environment, and this opinion is shared by 25% of the French.

When it comes to non-fungible tokens (NFTs), Nigerians, South Africans, and Vietnamese are the ones who understand the concept of NFTs best. 76% of Britons familiar with digital collectibles have never owned an NFT, as did 24% of Vietnamese.

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