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Bitcoin Surges Above $18,000 After FTX Finds 5 Assets

The price of bitcoin climbed to its highest level in almost a month today (January 12) as investors expect US inflation to slow. and adapt to receive the news that says Attorneys for bankruptcy cryptocurrency exchange FTX (FTX) Discover assets worth billions of dollars. which creates hope for FTX users

Coinmetrics According to CoinMetrics, the price of bitcoin broke above the $18,000 level for the first time since December 14 on Wednesday (Jan. After 24 hours, Bitcoin moved to $18,164.80 at 2:30 PM today.

CNBC reported, citing information from FTX’s attorney. The company recently found about $5 billion in assets. This includes cash and digital assets.