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Bitcoin Leaps Above $18,000, Highest Level In a Month

Bitcoin

Bitcoin, which is the world’s largest digital currency, surged to its highest price in nearly a month on Thursday as traders are hedging their bets on the stock in hopes that a United States inflation cooldown.

Additionally, news hit that defunct crypto exchange FTX have found billions of dollars worth of assets, and Bitcoin is celebrating for hitting $18,000 for the first time since December 14th, reaching an increase in value of 4% in the last 24 hours.

According to CoinMetrics, Bitcoin was last trading at $18,232.36 and Bitcoin is down about 74% from its November 2021 all-time high of $68,990.

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