The largest cryptocurrency by market capitalization was recently trading at $31,328, up 3.2% over the past 24 hours. Bitcoin shot as high as $31,700 near the close of traditional markets, a more than one-year high. With a few blips, BTC had been languishing between $30,000 and $31,000 for the past three weeks as some investors fretted over potential banking missteps to cure inflation and awaited a significant price catalyst.
Source: https://www.coindesk.com/markets/2023/07/13/first-mover-asia-bitcoin-soars-to-one-year-high-at-317k-as-crypto-investors-savor-partial-ripple-victory/?utm_medium=referral&utm_source=rss&utm_campaign=headlines