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Bitcoin rises by over 10% surpassing $52,000

By 16:07 Moscow time, the bitcoin was at $52,380

MOSCOW, March 3. /TASS/. Bitcoin grew by 10.54% reaching $52,576, CoinDesk reported on Wednesday.

By 16:07 Moscow time, the bitcoin was at $52,380 (+10.13%).

Bitcoin is a decentralized system of the eponymous cryptocurrency based on blockchain technology. It can be issued by any user who is a member of the system. The system concept was published in November 2008, but has exploded in popularity in recent years.