Bitcoin Jumps Toward $9,000 in Best-Performing Month Since 2017

  • Largest digital coin rallies almost 70% in May, buoying rivals
  • Greater interest in digital space seem among mainstream firms
Photographer: Chris Ratcliffe/Bloomberg
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Bitcoin jumped as much as 10% on Monday to almost breach $9,000 as it extended the best one-month rally since before the token’s historic surge in 2017.

The largest cryptocurrency climbed as much as 10% Monday from levels late Friday, and was trading at $8,826, up 8.8%, as of 9:09 a.m. in New York. Rival coins were also stronger at the start of the week. Litecoin added more than 12% while Ether, the second largest digital token, rose 6.8%.