Bitcoin
Bitcoin rises to $70,206 By Reuters
(Reuters) – rose to $70,206 at 20:03 GMT on Monday, adding $3,931 to the previous close.
The world’s largest and best-known cryptocurrency is up 82.3% from its yearly low of $38,505 on Jan. 23.
Ether, the currency linked to the Ethereum blockchain network, rose 13.3% on Monday to $3,500.
The approval and launch of spot bitcoin exchange-traded funds in the US this year opened the asset class to new investors and reignited excitement that evaporated when prices fell in the “crypto winter” of 2022.