Cryptocurrencies
Bitcoin Breaks Above $7,000 Again Amid Wider Risk-On Rally
- Largest cryptocurrency has gained nearly 11% so far in April
- Token could see ‘healthy surge’ toward $10,000 level: Oanda
Photographer: Philippe Lopez/AFP via Getty Images
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As risk assets regain their mojo amid optimism the coronavirus spread is beginning to level off, Bitcoin’s back above $7,000.
The largest cryptocurrency gained as much as 6.4% Monday to $7,193, its highest in nearly a month. That’s its biggest one-day gain in two weeks and caps a near 11% rally for Bitcoin so far in April.