Bitcoin price near $23,000 as it shrugs off Genesis bankruptcy

Bitcoin price near $23,000 as it shrugs off Genesis bankruptcy

Bitcoin saw a climb of over 8.9% in the past week. Photo: Getty

Bitcoin (BTC-USD) is continuing its 2023 bull run, surging past $23,000 for the first time since August 2022 before retreating to around $22,705 on Monday.

Bitcoin smashed through a price position not seen since before the collapse of the FTX cryptocurrency exchange in November 2022, which plunged the market into a series of liquidations.

Bitcoin stood at $22,714 (£17,383) at the time of writing, up from a low of $16,000 at the…


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