Bitcoin, Ether and Other Top Traded Tokens Are Higher in Markets Showing Mostly Green

The original cryptocurrency pushed above $29,000 following the Federal Reserve's much anticipated 25-basis-point interest rate hike on Thursday. Shares of PacWest bank Corp fell more than 50% in after hours action on Wednesday, following a Bloomberg report that the US-based lender is mulling a range of strategic options. The Banerian capital's chief strategist, Victoria Bill, points to the ongoing banking crisis in the US as yet another driver of crypto prices.