Cybersecurity
Bitcoin Climbs Above $7,000 as Cryptocurrency Rally Extends
- Alt-coins also rise; Ethereum gains more than 9% over weekend
- Bloomberg Galaxy Crypto Index advances 7.6%; Bitcoin up 11%
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Bitcoin climbed to the highest since September, briefly surpassing $7,000, as a rally in cryptocurrencies gathered pace in trading over the weekend.
Bitcoin advanced 11% to $6,981.45 as of 7:56 a.m. Tokyo time, having earlier hit $7,585 and surging more than $1,000 this weekend, according to Bitstamp pricing. The Bloomberg Galaxy Crypto Index is up 7.6%.