Amidst chaos, Bitcoin surpasses $28,000 mark, unseen since June

Amidst chaos, Bitcoin surpasses $28,000 mark, unseen since June

Over the past week, the broader markets experienced fluctuations due to a few US lenders' failures, as well as fresh concerns surrounding Credit Suisse Group AG.

Bitcoin's price exceeded $28,000 for the first time since June 12, 2022

Bitcoin prices are rising by one percent during trading, while on Sunday, the asset price exceeded $28,000 for the first time since June 12, 2022. RIA Novosti, March 20, 2023

Bitcoin thrives in chaos, breaks above US$28,000 for first time since June

Turmoil in the banking sector, hotter-than expected inflation data, and renewed hopes for a dovish Federal Reserve has bitcoin reaching levels not seen in about nine months.

Bitcoin tops $28,000 for first time since June 2022 amid banking chaos, high inflation, hopes for dovish Fed

The correlation between Bitcoin and the S&P 500 has dissipated this month.

Bitcoin thrives in chaos, breaks above $28,000 for first time since June

Ethereum up about 17% since the start of last week, Solana and Cardano advancing too

Bitcoin Thrives in Chaos, Breaks Above $28,000 For First Time Since June

Turmoil in the banking sector, hotter-than expected inflation data, and renewed hopes for a dovish Federal Reserve has Bitcoin reaching levels not seen in about nine months.