Bitcoin Surges Past $43,000, Gaining Momentum for Record High

1 min read
Source: CoinDesk
Bitcoin Surges Past $43,000, Gaining Momentum for Record High
Photo: CoinDesk
TL;DR Summary

Bitcoin has surged nearly 10% to surpass $43,000 ahead of the Fed's rate decision, with altcoins SOL and AVAX leading the rally. Binance now allows larger traders to store assets at independent banks amid regulatory concerns, while decentralized exchange Portal has raised $34 million in seed funding to facilitate peer-to-peer bitcoin swapping across blockchains. The crypto industry's brightening prospects for raising capital and growing interest in bitcoin within the DeFi world are evident.

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