Bitcoin and other digital currencies have risen in price since the publication of the research paper that virtual currencies comply with Sharia rules. Bitcoin rose by 10.62% and traded at the position of $7685.6 on the Bitfinex exchange. In December, bitcoin reached its historic high of close to $20,000, and in early February, its rate fell to $6,000. At the time of writing, the total capitalization of the cryptocurrency market grew to $ 297 billion against the value of $269 billion.