The price of the cryptocurrency Bitcoin surged to its highest level in nine months on Tuesday, achieving gains exceeding 30 percent over four days while ignoring the turmoil affecting global markets following the collapse of Silicon Valley Bank last weekend. This has led to expectations of not increasing interest rates at the previously planned rate.
Bitcoin jumped about 9.6 percent to $26,533, marking its highest level since June 2022, achieving gains for the fourth consecutive day.