Baku: The price of Bitcoin rose by 6.46% to $85,702, according to the Binance platform, APA reports. The cryptocurrency therefore set the fourth price record over the day. According to Azeri-Press News Agency, the consistent rise in Bitcoin's value marks a significant moment in the cryptocurrency market. The increase reflects strong investor interest and trading activity, pushing Bitcoin to new heights. This surge in Bitcoin's price comes amid ongoing discussions about cryptocurrency regulations and its growing acceptance in various sectors. The upward trend in Bitcoin's value could have implications for investors and the broader financial markets. As Bitcoin continues to set new records, market analysts are closely watching the factors driving this increase, including market demand and global economic conditions.