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Bitcoin price exceeds $105,000 for the first time since January 31

By 04:19 a.m. Moscow time (01:19 a.m. GMT) its price slowed its growth and was at $104,495

MOSCOW, May 12. /TASS/. The price of Bitcoin climbed above $105,000 for the first time since January 31, according to the Binance platform.

As of 04:05 a.m. Moscow time (01:05 a.m. GMT), the price of bitcoin grew by 0.34%, to $105,032.

By 04:19 a.m. Moscow time (01:19 a.m. GMT) its price slowed its growth and was at $104,495 (-0.61%)

The last time the price of Bitcoin exceeded $100,000 was on May 8, 2025.

Earlier, experts told TASS that Bitcon may easily hit the $100,000 mark and continue growing to as much as $300,000.

Bitcoin is a decentralized system of a crypto currency of the same name based on the blockchain technology, which can be mined by any user - system participants. The concept was published in November 2008 by its author (possibly a group of authors) under the pseudonym Satoshi Nakamoto.