Bitcoin rises over 5% to near one-week high
Bitcoin, the biggest cryptocurrency, saw a 5.3% increase on Wednesday, reaching $37,978, which is close to a one-week high. This year, it has gone up by approximately 125%. Despite not reaching the same level of investment excitement as in late 2021, the crypto industry has experienced a surge in recent weeks as the anticipated end of central bank rate hikes brings money back into high-risk assets. Hannah Lang in Washington reported on this, with editing by Chris Reese.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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