Bitcoin booming to a six-month high, other cryptocurrencies, XRP, ETH, BCH, LTC see upside
- Bitcoin jumps 7% to $5,750, its highest level since November 14.
- Other digital assets, including ether and XRP, also climb.
BTC at $5,750, according to CoinDesk data, its highest level since November 14. The reason for the upward move wasn’t immediately clear. The virtual currency is now up more than 50% since the start of the year. Other digital assets, including ether and XRP, also climbed. Ether moved about 5% higher to just shy of $170, while XRP was up nearly 2% at a price of 31 cents.
The entire market has added nearly $10 billion in value over the last 24 hours, according to CoinMarketCap. Cryptocurrencies are still well off their late-2017 highs, with bitcoin still about 70% off its near-$20,000 all-time peak. The market suffered a massive slump last year, but sentiment appears to be improving in 2019.
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