Bitcoin leads crypto rally following August slump

Largest digital token rose above $27,000 for the first time since August

Analysts are questioning how long the latest rally will last. Picture: Getty

Bitcoin extended its rally from last week, rising above $27,000 (€25,200) for the first time since August. Other digital assets followed suit, with smaller tokens such as Solana, Litecoin and Bitcoin Cash rallying.

The largest digital token had ended positive on Sunday for the first week in five, and increased as much as 3.7 per cent to $27,418 on Monday. Solana gained roughly 6 per cent, Litecoin rose 6.5 per cent and Bitcoin Cash jumped ...