Bitcoin topped the key psychological level of $30,000 as investors awaited key inflation data later in the week that could steer crypto prices.
Bitcoin surged 5% in the past 24 hours to as high as $28,474, retaking the $28,000 level after dipping below it on Monday.
Bitcoin is still on track to cap a winning month. It’s advanced 16% in March, while ether has gained 6%.
CNBC spoke to entrepreneurs in Nigeria and South Africa who have integrated the Lightning Network into mobile money.
The predictions of new record highs mark a more optimistic outlook than in January when industry executives told CNBC they expected 2023 to be a year of caution.
Bitcoin jumped on Monday as some investors turned to digital currencies amid a crisis in the traditional banking sector.
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