News Snapshot:
Bitcoin and other cryptocurrencies were rising Thursday, with Ether—the second-largest digital asset—outperforming after a critical upgrade to the Ethereum blockchain network was completed. The price of Bitcoin has risen 1% over the past 24 hours to near $30,250, with the largest digital asset trading around its highest level since last June after breaking through the key $30,000 level late Monday. The $30,000 level is psychologically important because it represents where Bitcoin stood last summer before a string of business failures across the crypto industry turned a selloff into a brutal bear market.
