Bitcoin Price (BTC) Jumps as Crypto Looks Past US Regulatory Crackdown

Written by on February 16, 2023

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 $24,710 as of 12:32 p.m. in Singapore. Smaller tokens such as Ether, Cardano and Polkadot also pushed higher. 

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