Bitcoin and the wider crypto markets pushed higher Thursday as investors reacted to the latest signs of stress in the regional US banking sector and digested the Federal Reserve’s monetary policy decision.
The largest digital currency rose as much as 2.6% on Thursday and was trading at $29,100 as of 6:05 a.m. in London. Smaller tokens including Ether, Cardano and Solana made gains too. Bitcoin has periodically poked above the $30,000 level over the past three weeks only to slip back, after a 76% jump this year.