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Bitcoin (BTC) climbs above $23,000

Jul 2022 20
The world's largest cryptocurrency is down roughly 50% since the start of 2021.CFOTO | Future Publishing | Getty ImagesBitcoin broke the $23,000 threshold for the first time in more than a month, as hopes of a rate hike less aggressive than feared from the Federal Reserve triggered a relief rally in cryptocurrencies.The the world's biggest cryptocurrency surged as high as $23,800 Wednesday, up 8% in 24 hours and trading at levels not seen since mid-June. It was last trading at a price of $23,330.80, according to Coin Metrics data.Traders took comfort from the prospect of softer policy action from the......
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