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Bitcoin spikes to $21,200 as the crypto market experiences green shoots

Bitcoin spikes to $21,200 as the crypto market experiences green shoots

On the morning of January 14, Bitcoin (BTC) continued to extend its continuous rise, with a recovery momentum of up to 25% during this period.

Beginning on January 8 at $16,943, Bitcoin gradually increased as the market awaited the January 12 US CPI data. The world’s largest cryptocurrency had reached $21,258 at the time of the January 14 update, the highest value threshold of 2023 thus far and the highest since November 6, 2022.

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