Bitcoin jumps towards $9,000 in best-performing month since 2019

Crypto proponents are taking encouragement from a string of recent headlines showing greater interest in the space from mainstream firms

Bitcoin jumped on Monday, almost breaching $9,000 as it extended what’s shaping up to be the best one-month rally since before the token’s historic surge in 2017.

The largest cryptocurrency climbed as much as 10 per cent on Monday from levels late Friday, and was trading at $8,766 as of 10.40 am in London (3.10 pm IST). 

Rival coins were also stronger at the start of the week. Litecoin added more than 11 per cent while Ether, the second largest digital token, rose 5.7 per cent.

Crypto proponents are taking encouragement from a string of recent headlines showing greater interest in the space