Bitcoin Rallies Even as Regulators Crack Down on Crypto
Briefly

Bitcoin touched an eight-month high on Thursday as investors jumped back into risky digital assets, despite renewed vows from regulators and lawmakers to rein in the cryptocurrency sector.Bitcoin traded near $25,000, a 10 percent gain from the day before, even as the stock market wobbled.Wall Street investors appear increasingly convinced that more interest rate increases will be needed to rein in inflation, which has stoked volatility in markets over the past week.
Read at www.nytimes.com
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