Bitcoin climbs to highest level since FTX collapse as inflation cools

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Bitcoin climbs to highest level since FTX collapse as inflation cools
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The price of bitcoin and other cryptocurrencies advanced on Thursday, building on gains from earlier in the week after the December consumer-price index...

The price of bitcoin and other cryptocurrencies advanced on Thursday, building on gains from earlier in the week after the December consumer-price index showed prices sank last month for the first time in two-and-a-half years. The price of a single bitcoin traded just shy of $19,000 per coin Thursday afternoon, the highest level since Nov. 8, according to data from CoinDesk.

rising nearly 6% to $206.24, while shares of Coinbase Global COIN, +4.06% rose 4.7% to $45.89.

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