Bitcoin thrives in global banking chaos, rallying to nine-month high
Normal text size Larger text size Very large text size Turmoil in the global 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. The largest digital asset topped $US28,000 for the first time since June 2022, trading for as much as $US28,258 on Sunday.