Bitcoin jumps above $18,000 to highest level in a month

Cemile Bingol | Digitalvision Vectors | Getty Images

Bitcoin on Thursday surged to its highest price in nearly a month, as traders bet on an U.S. inflation cooldown and digest news that lawyers for defunct crypto exchange FTX found billions of dollars’ worth of assets, boosting hopes for its users.

The world’s largest digital currency climbed above $18,000 for the first time since Dec. 14 late Wednesday, increasing in value by about 5% in the last 24 hours. Bitcoin was trading at $18,164.80 as…


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