Bitcoin exchange rate exceeded $ 40 thousand again - FX24 forex crypto and binary news

Bitcoin exchange rate exceeded $ 40 thousand again

  • Must Read
  • March Election
Over the past three days, the value of the first cryptocurrency has grown by almost 30%. Asset price rises amid positive news
On May 26, the bitcoin rate again rose above $ 40.7 thousand.The price of the cryptocurrency is growing after it dropped to $ 31.1 thousand last Sunday.Since then, the asset has risen in price by almost a third, and its capitalization has again exceeded $ 750 billion.

Bitcoin exchange rate exceeded $ 40 thousand again

The price of bitcoin began to rise sharply after the head of Tesla and SpaceX Elon Musk announced on May 24 a meeting with North American miners, at which the topic of using renewable energy sources for the production of cryptocurrency was discussed. The organizer of the closed event was Michael Sailor, CEO of MicroStrategy.
On May 13, Tesla temporarily stopped selling its products for bitcoins due to the non-environmentally friendly method of mining. Musk noted that the company will not accept cryptocurrency as payment until its mining begins using renewable energy sources.
Last week, the bitcoin rate plummeted after Vice Premier of the State Council of the People's Republic of China Liu He called for stricter regulation of mining and crypto trading in the country. Later, the Chinese government news agency Xinhua published an article "Urgently eliminate the hype and chaos around the virtual currency", which indicates the risks associated with the trade and use of cryptocurrencies.

Report

My comments

FX24

Author’s Posts

  • Forex as a Retirement Plan: How Traders 50+ Build Stable Income with Observational Strategies

    How traders aged 50+ use conservative Forex strategies to supplement pensions, focus on capital preservation, and build stable month...

    Jan 28, 2026

  • Scaling for Prop Firms: How Fast Forex VPS Integrates with Challenges and Funds to Run Thousands of Accounts Reliably

    How Fast Forex VPS infrastructure helps prop firms scale challenges and funded accounts, ensuring stable MT4/MT5 performance across ...

    Jan 28, 2026

  • The Power of Habits: How Trading Routines Shape a Successful Lifestyle

    How trading routines shape discipline, decision-making and long-term success. An in-depth behavioral analysis of how habits formed i...

    Jan 27, 2026

  • DeFi vs. Prop Firm Software: Can Decentralized Finance Replace Traditional Prop Firms?

    Can DeFi protocols replace traditional prop firms? A deep analysis of capital allocation, risk control, trust, and scalability in de...

    Jan 27, 2026

  • India and the EU Sign a Landmark Trade Deal as Trump Pushes New Tariffs: A Shift in the Global Trade Order

    India and the EU finalize a landmark free trade agreement while the US escalates tariffs. What this means for global trade, currenci...

    Jan 27, 2026

Copyright ©2026 FX24 forex crypto and binary news


main version