Cryptocurrencies
White-Knuckle Bitcoin Rally Powers Crypto’s Best Week Since 2017
- Bitcoin surges past $41,000 in a record-breaking rally
- Crypto is finding popularity among Wall Street investors
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Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.
The Bloomberg Galaxy Crypto Index, which includes Bitcoin, Ether and three other digital coins, has rallied about 43% this week, the most since December 2017. Bitcoin jumped to another record on Friday, with prices approaching $42,000.