Bitcoin Jumps to More Than Two-Week High on Relief Over US Debt Ceiling
- Largest digital token advances as part of a wider crypto rally
- Gains alleviate a challenging quarter for digital-asset market
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Bitcoin climbed to the highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit.
The largest digital token added as much 3.2% on Monday before paring some of the advance to trade at $28,006 as of 8 a.m. in London. Smaller tokens ranging from Ether to Binance Coin posted gains but were also off intraday highs.