The largest digital currency fell as much as 6.2% to US$5,887, the lowest level since June, according to Bloomberg composite pricing
SINGAPORE (Bloomberg): Bitcoin’s furious run is starting to look more and more like it did at the height of crypto-mania two years ago.
The virtual currency surged as much as 14% on Wednesday, topping US$12,900 for the first time since January 2018, and bringing its gain since early April to more than 200%. Its relative strength index, a gauge of momentum, is now within a hair’s breadth of the level when the cryptocurrency peaked around US$19,500 in 2017.
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