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Bitcoin Climbs to Highest This Year as Volatility Recedes

  • Cryptocurrency surpasses $4,100 for first time since December
  • Volatility over 30 days falls toward levels last seen in 2016
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Bitcoin's Mysterious Surprise Surge
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Bitcoin advanced to the highest level of 2019, the latest milestone for cryptocurrencies as they claw back from a year that saw three-quarters of their market value wiped out.

The biggest digital coin on Monday rose as much as 1.6 percent to $4,135.60, the top intraday level since Dec. 24, according to weekday trading data compiled by Bloomberg. So-called alternative coins rallied more, with Dash jumping as much as 31 percent and Monero increasing as much as 10 percent.