Cryptocurrencies

Bitcoin Jumps to Highest Since the Aftermath of Celsius Meltdown

  • Cryptocurrency tops $23,000 for the first time since June 14
  • Overall value of digital tokens is now back above $1 trillion
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A rally in cryptocurrencies Tuesday took Bitcoin out of a one-month-old trading range and ignited big jumps in smaller tokens commonly referred to as altcoins.

The largest virtual coin climbed as much as 10% to $23,684, a level it was last at in mid-June, or just after the collapse of crypto lender Celsius Network. Ether at one point added almost 11%. Solana also achieved a double-digit percentage gain.