Bitcoin breached $39,000 for the first time in two weeks as traders speculate the largest cryptocurrency may have reached a bottom following its recent collapse from record highs.
The digital asset gained as much as 2% to $39,267 before paring the increase. It hit a record of almost $69,000 in November. Ether outperformed its larger rival, rising as much as 5% to $2,814. Solana gained even more, jumping about 15% in the past 24 hours.
