After months of downswing, investors are returning to Bitcoin & Co. on a larger scale. The oldest and most important crypto currency rose by up to 17 percent on Thursday – not as much as in the past four months – and (temporarily) cost just over 8,000 dollars.
The indices for the crypto currencies Ethereum and Ripple also gained more than ten percent at the peak. According to traders, the starting point of the current rally was the Bitfinex stock exchange, where investors placed bets on a further fall in the price of digital currencies.
Shortly before Christmas Bitcoin had reached a record high of about $20,000. In the weeks that followed, the price fell back to just under 6000 dollars.