According to CoinGecko, the price of Bitcoin on the largest cryptocurrency exchange Binance has risen by 5% after the El Salvador government said it might approve cryptocurrency as a means of payment.
The value of Bitcoin reaches $ 34,147.
Bitcoin is the first decentralized digital currency created in 2008. It is generated, stored, and consumed electronically. It is not controlled by the central bank and can be created from any powerful computer using a special algorithm.