Bitcoin rose 5% on Friday to its highest in a month, marching back towards the level it reached in January on the back of optimism after the first U.S.-listed spot bitcoin exchange-traded products received regulatory approval.
The world’s largest cryptocurrency rose as much as 5.16% to $47,667. It has gained 10% this week, the most in a week since October. Bitcoin hit a two-year high just above $49,000 in January.
REUTERS
