Crypto News Bitcoin to 18000$

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Bitcoin price breaks the main barrier and aims at $18 thousand.

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An Ohio man has pleaded guilty to stealing more than 712 bitcoins that were "seized" by the US government in another criminal case. He has agreed to give away some Bitcoin, Ether, and Dogecoin as part of his request. "Due to the increase in market rates, the total value of this property subject to forfeiture exceeds $12 million," the US Department of Justice said.

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The cryptocurrency ecosystem is experiencing very positive growth, and despite this continued bullish trend, renowned market analyst Jim Cramer advised investors to get out of their investments right now. Referring to his Twitter account, Cramer said that the cryptocurrency binary and Chinese stocks cannot be trusted. "A good opportunity again to get out of cryptocurrency and expand Chinese stocks as neither can be trusted," he said.

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The US Federal Reserve raised the benchmark bank rate seven times during 2022, leading many to wonder when the central bank will stop or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and increases in the federal funds rate are intended to move towards that target. However, Zoltan Pozar, US macroeconomist and Federal Reserve Controller, predicts that the central bank will start QE again by summer. Bill Baruch, CEO at Blue Line Futures, a futures and commodities brokerage, expects the Fed to stop raising interest rates by February.

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Bitcoin surpasses $17,000 amid a broad market rally

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