Bitcoin Grows by 7.58 Percent in 24 Hours Reaching $77,673 on Binance

Bitcoin price rose 7.58% over the last 24 hours, reaching $77,673.84 as of 18:18 MSK on Friday. This marks the fifth consecutive session of positive growth, bringing the asset to its highest value since mid-May of this year. According to trading data from the Binance exchange, the asset recorded a weekly increase of 23%. This specific pace of strengthening is the first observed since March 2023. The weighted average price, calculated by the CoinMarketCap aggregator based on data from more than 20 trading platforms, aligns with this market trend. Market participants frequently use sharp volatility in cryptocurrency prices as an indicator of risk appetite amid global macroeconomic uncertainty. Investors monitor exchange rate fluctuations and devaluation forecasts, as these factors directly impact the consumer sector and inflation expectations.