Cryptocurrency News: Bitcoin Reclaims Key Level As Crypto Prices … – Investor's Business Daily

BREAKING: Market Closes Mixed As Dow, S&P 500 Shed Gains 
Cryptocurrency News: Cryptocurrency prices are seeing green with the first week of 2023 in the books. Bitcoin and Ethereum reached new one-month highs while cryptocurrency prices rose on Monday. Scroll down to catch up on the latest crypto headlines.
Click here to jump to more on today’s Cryptocurrency News.
Bitcoin rose more than 1% Monday to eclipse $17,200, its first time retaking $17,000 since mid-December. The world’s largest cryptocurrency is up more than 3.2% over the past week after falling from $21,000 following the FTX collapse in early November.
Ethereum jumped nearly 4% on Monday to trade above $1,310 for the first time since Dec. 14. The #2 crypto is up roughly 10% this week but still well below its $1,650 level prior to the FTX crash.

Scroll down for more cryptocurrency news and price updates.
Digital asset investments are extremely volatile. While cryptocurrency’s fundamentals and technical indicators may differ, investors should focus on the same key objectives. First, stay protected by learning when it’s time to sell, cut losses or capture profits. Second, prepare to profit if the cryptocurrency starts to rebound.
Despite their original promise, cryptocurrencies haven’t acted as hedges against inflation. Instead, they’ve trended with the broader indexes. Read The Big Picture and Market Pulse to track daily market trends.
View IBD’s Best Cryptocurrencies And Crypto Stocks To Buy And Watch page to help navigate the world of digital asset investments.
Want a deeper dive into crypto? Check out the What Is Cryptocurrency? explainer page.
How Crypto’s Collapse May Have Done The Economy A Favor
The FTX Fallout Is Laying Crypto Bare. It’s Now Sink Or Swim For The Industry
Who’s Who In The FTX Collapse: From Sam Bankman-Fried To Caroline Ellison
Off The Books: FTX, Alameda Neglected To Keep Records Of Transactions
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