Bitcoin Is on the Rise As Bulls Return

Bitcoin Is on the Rise As Bulls Return

  • Bitcoin
  • January 15, 2023
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Bitcoin evangelists may breathe. 

They must tell themselves that their wildest predictions will probably come true. 

For several days now, prices of the most popular cryptocurrency have been on the rise, breaking with a see-saw momentum seen since the bankruptcy of the FTX cryptocurrency exchange on November 11.

Bitcoin (BTC) prices were hovering around $20,749.71 at last check, according to data firm CoinGecko. They are up 22% in the last seven days. On January 13, BTC prices even exceeded the symbolic threshold of $21,000. They had not crossed this threshold since November 5.

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