Bitcoin Breaches Past $21,000 After IMF Clarifies Crypto Doesn't Threaten Financial System

Bitcoin investors heaved a sigh of relief on Wednesday as the popular crypto abruptly reversed course and surpassed the $21,000 threshold as Asian trading hours began, Wednesday. Since the International Monetary Fund reduced its global growth outlook for this year and 2023, BTC fell below the $21,000 barrier overnight, Forkas reported on Wednesday.