The largest digital currency rose as much as 9.4 per cent from late Friday and traded at $9,215 at 9:30 am London time. Rival coins also climbed: Litecoin was up 5 per cent and Ethereum rose 5.5 per cent.
Crypto-linked stocks also rose in Asia, with Remixpoint jumping 6 per cent. Monex Group and Ceres ended the day advancing at least 2 per cent in Tokyo while Vidente Co. climbed 2.7 per cent in Seoul.
Bitcoin is up about 150% in 2019 and the Bloomberg Galaxy Crypto Index has doubled in value amid a slew of companies looking to deepen their offering of cryptocurrency services. Some investors have said the latest reports detailing Facebook’s plans to launch a digital currency as soon as Monday are pushing people toward Bitcoin.
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