Bitcoin leaps 12% to six-week high

Bitcoin leaps 12% to six-week high

FILE PHOTO: Representation of cryptocurrency Bitcoin is placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration

SINGAPORE (Reuters) – Cryptocurrencies jumped on Monday, sending bitcoin as much as 12.5% higher to its strongest since mid-June.

Bitcoin was last up 7.3% at $37,983 and rival cryptocurrency ether rose 4.5% to stand at a three-week high of $2,290.

Reporting by Tom Westbrook; Editing by Christopher Cushing

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