A sharp rise in bitcoin prices has pushed the cryptocurrency above $30,000 (£24,118) for the first time since 10 June last year, just before the Celsius crypto lending company froze withdrawals in the run-up to its collapse.
Even given that recovery, the token is still well below its all-time high of $68,000 in November 2021, and far below where it was before the failure of the Terra stablecoin caused the “crypto winter”.
