Bitcoin set aside its concerns about renewed banking unrest and slowing U.S. economic growth to hold comfortably above $29,000 throughout U.S. trading hours on Thursday. BTC topped $30,000 at one point, near its earlier week highs but still well off its April peak close to $31,000.
Investors will now be focusing on next week's Federal Open Market Committee (FOMC) interest rate decision. The CME FedWatch Tool is currently showing an 87% probability of a third consecutive 25-basis point rate hike.
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