Bitcoin rises to highest level for the first time in 2023

Bitcoin has posted a bullish run for the first time in a month. This is as Bitcoin’s price rose by 5% to more than $18,000 on Thursday January 11, 2023. Information released by Binance Exchange Bitcoin showed that the flagship cryptocurrency is currently trading for $18.1K on Thursday morning. The increase came as traders bet on a slowdown in U.S. inflation, even as the discovery by FTX’s lawyers of billions of dollars’ worth of assets also influenced the market’s sentiments.

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