Crypto 101
Bitcoin Rises for First Time in 5 Days as Risk Appetite Rebounds
Crypto prices have fallen in recent days as Chinese artificial intelligence startup DeepSeek triggered volatility in broader markets.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Bitcoin rose for the first time in five days with traders’ appetite for riskier assets rebounding after the Federal Reserve held interest rates steady.
The largest cryptocurrency by market value gained as much as 4.5% to $104,783 on Wednesday. That lifted the token to around $4,000 below the all-time high reached last week on President Donald Trump’s inauguration day.