Bitcoin BTC Price Blasts Past $30K as Investor Confidence Surges

Bitcoin last topped $30,000 on June 10, 2022 as it was on its way down to below $20,000, where it spent large parts of late that year and into the first weeks of 2023. It has been hovering around $28,000 for the past three weeks as wary investors gauged the impact of a near banking meltdown, continued inflationary pressures and other macroeconomic uncertainties. Bitcoin is up about 80% year-to-date after starting 2023 changing hands at about $16,600.

Source: https://www.coindesk.com/business/2023/04/11/bitcoin-breaks-above-30k-for-first-time-since-june-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines