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Bitcoin grows by over 10% surpassing $38,000

Bitcoin has reached $38,194

MOSCOW, May 24. /TASS/. Bitcoin reached $38,475 (+10.69%) on Monday, according to Coindesk. 

As of 16:11 Moscow time, the cryptocurrency slowed down and stood at $38,194 (+9.89%).

Bitcoin is a decentralized system of 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.