MOSCOW, November 11. /TASS/. The price of Bitcoin was up by 3.49% at $82,056 as it hit a fresh all-time high, according to Binance platform data as of 1:08 p.m. Moscow time (10:08 a.m. GMT).

By 1:25 p.m. Moscow time (10:25 a.m. GMT) the Bitcoin price had narrowed gains to 3.23% trading at $81,870.

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or a group of people using the name Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries.