Bitcoin has surged past $30,000. 

The largest cryptocurrency is up over 7% in 24 hours—and it’s bringing the rest of the digital asset market with it. 

CoinGecko data shows that the largest cryptocurrency by market cap is trading for $30,327, up over 9% in seven days. 

The last time Bitcoin hit these levels was on June 9 of last year—almost exactly 10 months ago. 

Ethereum, the second largest digital asset, is trading hands for $1,933, a 4.3% 24-hour bump. 

While Dogecoin, the eighth biggest digital asset that last week jumped in value off the back of Elon Musk Twitter whims, is up modestly by 2.8% in the past day, trading hands for $0.085.

Bitcoin is by far doing the best out of the top 20 biggest digital assets. This may be in part because traders are expecting Federal Reserve Chairman Jerome Powell to slow the rate of interest rates due to the banking crisis, in turn make “risky” assets like Bitcoin more appealing. 

Others are pushing the safe haven narrative: with current financial uncertainty, assets like Bitcoin

Go to Source to See Full Article
Author: Mathew Di Salvo

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details