Bitcoin last traded at or above $25,000 level in August 2022
Tokens are rallying despite US regulatory crackdown on crypto
A rally in Bitcoin took the token to the cusp of scaling $25,000 for the first time since August amid broad gains in crypto markets as investors shook off concerns about a US regulatory clampdown.
The largest digital asset rose as much as 3% on Thursday and was trading at $24,620 as of 8:15 a.m. in London. Smaller tokens such as Ether, Cardano and Avalanche also pushed higher.
Source : Bitcoin Jumps Toward $25,000 as Crypto Looks Past US Regulatory Crackdown