Bitcoin's value again rose above $ 40,000

Bitcoin strengthened significantly on Saturday and its price again rose above 40 thousand USD (33 380.62 euros). The oldest and largest cryptocurrency rose by almost seven percent to $ 40,498 and was slightly closer to its record high of $ 41,940 in January. The total value of the cryptome market monitored by CoinGecko was around $ 1.23 trillion. There is a significant jump after another volatile week in the cryptomen market. During it, bitcoin supported Elon Musk and reached a new record high of the second largest digital currency, the ethereum, whose price reached over $ 1,700 for the first time on Friday. According to proponents of bitcoin, such as Musk, krytenena is beginning to be more widely accepted within the financial community. However, regulators point to the high volatility of cryptocurrencies and warn that investors may lose their money. Bitcoin has improved about 24 percent this week. According to some experts, its price will consolidate before heading towards $ 50,000, which would mean that the market capitalization of bitcoin would reach around one trillion dollars. Ethereum has improved by more than 120 percent since the beginning of the year. The ethereum price is currently supported mainly by the Chicago Mercantile Exchange (CME) starting trading in futereum futures next week. However, this may then cause it to decline, as futures will also open the door for bear investors.