The expense of bitcoin exceeded $42,000

Investors began to be further risk-averse on the back of strong US employment data. These data were published by the country’s Labor Ministry at the end of the concluding week. Thanks to encouraging information on the labor market, cryptocurrencies began to show increment. Over the past day, the assessment of bitcoin increased by 1.8% and reached $42,366, surpassing the $42,000 mark for the first time in more than two months. The second most popular cryptocurrency, Ethereum, is trading on Monday at $3,065 per coin, having risen in price by 1.6%. This cryptocurrency exceeded the $3,000 mark this weekend for the first time in nearly two weeks. Dogecoin rose by 6 to $0.156532. British GlobalBlock experts noted that against the backdrop of positive news about the condition of the US labor market, bitcoin moved from falling to rising. In early November last year, this cryptocurrency rose to a record high of $68,990. However, in the first month of this year, it fell to $33,000.

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Arseny Kudrin

Publicist, trader

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