Bitcoin hits six-month high as investors warm to risk

Bitcoin hits six-month high on Thursday, rising alongside stocks and other riskier assets as investors gain confidence in economic outlook and dispel concerns about regulatory scrutiny in the sector Did.

The world's largest cryptocurrency reached $24,895 on Thursday, its highest since August 2022 after rising 9.5% on Wednesday. The most recent was $24,400. Bitcoin has risen nearly 50% so far this year from a slump at around $16,500 in early January amid the collapse of major crypto exchange FTX and the sale of many assets following aggressive central bank rate hikes. I'm here.