Finally, Bitcoin is in recovery #BTCBreaks80K

News in points

Bitcoin rose by about 5.7% to $80.7K during Friday’s trading.

The currency surpassed the $80K level for the first time since September 3.

Bitcoin’s rally came despite the U.S. Federal Reserve raising interest rates this week.

Bitcoin exchange-traded funds recorded inflows of about $160 million in Thursday’s session.

Improved sentiment in the crypto market supported shares of companies linked to the sector.

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Bitcoin jumped by more than 5% during Friday’s trading on September 18, once again surpassing the $80K mark, in the strongest daily rise for the currency in a while, reaching around $80.7K according to FactSet data reported by MarketWatch.

The coin also recorded around $80.6K in morning trading, up more than 5% from Thursday’s close, according to The Wall Street Journal. This surge comes after Bitcoin fell midweek, returning it to levels not seen since the beginning of September.

What do you think, friends—what are the reasons for this? Will other digital currencies follow like Bitcoin???
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What do you expect?