Bitcoin’s price reached $61,838 per coin at 3:45 p.m. EDT on Wednesday after hovering below $60,000 for most of the day. The increase in Bitcoin’s value corresponds to similar upward movements in the S&P 500 and Nasdaq, both of which rallied before the market closed.
This wave of optimism in the markets is primarily attributed to the Federal Reserve’s minutes, which seem to have triggered positive sentiment among investors.
