The bitcoin price has surpassed $57,000 in Asia this evening. Meanwhile, the bitcoin price is at $57,382, up 4.15% in the last 24 hours.
Since the beginning of the year, the Bitcoin price has increased by 95.54%. Crypto analysts say that when the Bitcoin price rises, other altcoins are likely to follow.
At the Texas Blockchain Summit, representatives said the U.S. should use natural gas for bitcoin mining after China banned bitcoin mining domestically, resulting in miners having to move to new places to mine.
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Monday, October 11, 2021