The Bitcoin bulls are back in control, with the largest cryptocurrency approaching its highest price of the year after breaching $13,000 for the first time in two weeks.
The digital asset gained for a third day to as high as $13,154, continuing its recovery from the drop that almost pushed it below $10,000 last week. It reached a more than 18-month high of $13,880 on June 26. Wednesday’s advance outpaced rival tokens including Ether and Litecoin. The Bloomberg Galaxy Crypto Index rose 1.5%.