Crypto

Value of Bitcoin has more than doubled this year in unforeseen resurgence

The largest cryptocurrency rallied for a third day, pushing the price back to about $35,000

Bitcoin has more doubled in value this year in a surprising resurgence from a tumultuous 2022

Bitcoin has now more doubled in value this year in a surprising resurgence from a tumultuous 2022 that had some sceptics predicting the demise of digital assets.

The largest cryptocurrency by market value rallied for a third day, pushing the price back to about $35,000, the highest level in about 18 months.

Bitcoin tumbled 64 per cent last year amid industry scandals and bankruptcies. It reached a record of almost $69,000 in late 2021.

Growing ...