Shaking off a clampdown on crypto companies by regulators over the past several weeks, Bitcoin has surged around 9% over the past 24 hours to break $25,000 for the first time since June 2022, according to CoinMarketCap data.
After more than eight months below the $25,000 mark, the cryptocurrency topped it before slightly retreating. The coin was trading at about $24,800 as of mid-day Thursday.
