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Bitcoin, Ethereum Technical Analysis: BTC Jumps to 6-Month High Above $24,000

February 2, 2023

Category:

Bitcoin

Bitcoin (BTC) rose to a six-month high on Thursday, with prices climbing above $24,000 for the first time since August.

The move came as the Federal Reserve opted to increase interest rates by 25 basis points in its latest policy meeting.

As a result, BTC/USD rose to an intraday high of $24,167.21, less than 24-hours after it was trading at a low of $22,877.75.

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