Bitcoin hits a 6-month high as the total crypto market regains $85 billion in value

• Bitcoin notched a six-month high on Thursday morning, trading under $25,000.

• The crypto market has tacked on $85 billion in value in the past day, according to Messari. 
• US regulatory scrutiny of crypto doesn't appear to be impacting investor sentiment. 

Bitcoin's price hit a six-month high on Thursday as the cryptocurrency market's total value rose by nearly $85 billion to top $1.1 trillion.

The world's largest crypto is trading around $24,376, up 7.3% in the past 24 hours, according to Messari.