Hello $30K!
Bitcoin is back over $30K – the first time we have seen this price level since June 2022
Bitcoin Breaks Above $30K for First Time Since June 2022
“Bitcoin (BTC) moved past the $30,000 level for the first time since June 10, 2022 as March’s banking turbulence faded further into the distance and investors grew more optimistic about U.S. central bank monetary policy.
The largest cryptocurrency by market capitalization was recently trading at $30,237, up 6.75% over the last 24 hours.
‘It’s clear that the market is pricing a slowdown in growth, and in turn a loosening of monetary policy by the Federal Reserve over the course of 2023,’ said Richard Mico, the U.S. CEO and chief legal officer of Banxa, a payment-and-compliance infrastructure provider for crypto. ‘For evidence of this, just look at the bond market.'”
