Introduction

Bit coin, alongside much of the crypto sector, gained significantly yesterday as the us. Central bank raised rates by three quarters of a percentage point. But ces pulled back slightly early thursday after data reported by the us. Bureau of economic analysis showed the us. Economy unexpectedly andqote contracted for a second quarter. While bitcoin declined from 23 thousand 200 dollars to 22 thousand 600 dollars in what like a nee jerk reaction to the us. Data. The crypto currency is still up significantly, and was back over 23 thousand as we were recording this morning. We'll check on the exact price in a minute.