Bitcoin climbed sharply Wednesday as investors shrugged off initial fears surrounding U.S. regulators’ crackdowns on industry giants and became willing to take some risk. The world’s largest cryptocurrency surged 5% in the past 24 hours to as high as $28,474, according to CoinGecko data. Bitcoin has retaken the $28,000 level after dipping below it on Monday following news of the U.S. Commodity Futures Trading Commission FTC’s lawsuit against Binance. Ether, the second-biggest digital coin, rose nearly 6% to $1,816.10. Bitcoin has been steadily rising this year after a brutal 2022 that saw collapses of major crypto ... (full story)