Bitcoin extends longest rally since pandemic ...News

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The top cryptocurrencies are recovering after a sharp plunge in the wake of the FTX collapse Bitcoin extended its gains for the ninth straight day on Thursday and surged above $18,000, in the longest winning streak since 2020. The world’s most popular cryptocurrency gained more than 10% in January, and jumped by 8% over the past week. As of 11am GMT on Thursday, it was trading at $18,187, marking a 4% surge over the past 24 hours, according to the CoinMarketCap website. Bitcoin’s value has grown amid cooling inflation and hopes that “the Federal Reserve will slow the pace of interest-rate hikes,” Bloomberg reporte

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