Bitcoin hits all-time high on Nov.12th

Bitcoin, the world’s largest cryptocurrency, surged to a new all-time high, surpassing the $89,000 mark on Binance. However, the price has since retreated slightly, currently trading around $88,200.

The technology allows secure and transparent transactions without the need for intermediaries. The concept of Bitcoin was introduced in 2008 by an anonymous individual or group known as Satoshi Nakamoto.

Attribution: Tass

Subediting: M. S. Salama