Bitcoin price rises to 58,958 dollars

The price of the cryptocurrency Bitcoin rose 1.2% since 5 p.m. Saturday to reach $58,958 at 10 a.m. Sunday in New York, according to data compiled by Bloomberg News today.

Bitcoin prices fluctuated at an average rate of 2.3%, as they are traded between 58 thousand and 562 dollars and 59 thousand and 884 dollars.

It is now down 15% from its November 10 high of $68,992.

Bitcoin lost 2.5% of its value in the past week and is up 103% so far this year.

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