Bitcoin Has Another Quick Spike as Weekly Rally Surpasses 20%

Subscribe to Bloomberg | Quint
The Daily Newsletter
News & Stock Alerts

(Bloomberg) -- Bitcoin jumped suddenly for the second time in as many days, extending its weekly gain to more than 20 percent.

The world’s most traded cryptocurrency climbed nearly $400 in the span of an hour on Friday to $8,175, hitting its high of the day around 9 a.m. in London. While the trigger for the advance was unclear, it followed a similarly rapid gain of more than $1,000 on Thursday.

©2018 Bloomberg L.P.

Bloomberg
Stay Updated With OnWeb News On BloombergQuint
Subscribe to Bloomberg | Quint
The Daily Newsletter
News & Stock Alerts