Bitcoin's price gained on Thursday after the European Central Bank (ECB) voted to keep interest rates on hold for the fifth consecutive meeting. 

The largest digital asset by market capitalization increased by around 1.5% in the past 24 hours and was changing hands for $69,607 at 11:16 a.m. ET, according to The Block's Price Page.

Although bitcoin typically closely tracks risk-on assets like major equity indices, the cryptocurrency's upward trajectory came as global markets inched down. The Dow Jones Industrial Average fell for a fourth day in a row, the S&P 500 declined 1% and the Nasdaq Composite dropped 0.1%. In Europe, the regional Stoxx 600 index fell 0.7%, and London's FTSE fell 0.67%.