The price of bitcoin climbed above $43,000 Tuesday—the highest level since April 2022, before the crash of a stablecoin started a litany of company failures and pummeled crypto prices.
Bitcoin was recenly up over 4% in the past 24 hours to $43,492, according to CoinDesk data. The price of ether rose about 3%, to $2,301.
Shares of Coinbase Global, the largest crypto exchange in the U.S., rose nearly 2%. MicroStrategy, a bitcoin-buying software intelligence firm, gained 3%. Bitcoin miners Marathon Digital and Riot Platforms were also trading higher.
