Bitcoin price rose on Tuesday, surpassing the $20,000 mark for the first time since October 7 as risk-on market sentiment improved.
Today's growing investment in shares of technology companies, alongside digital currencies, seemingly reflected traders' confidence and the notion that the United States Federal Reserve could soon take the foot off the gas pedal when it comes to interest rate hikes.
Bitcoin rose 3.45% to $19,996.861 at 1:27 pm ET. Ether jumped 9.06% to $1,465.3010 a minute later, moments after reaching the highest level since mid-September.
