Bitcoin rises to the highest since May, is now up 30% in October

Bitcoin rises to the highest since May, is now up 30% in October

October 12, 2021 Dion Haslett 0

Bitcoin extended its two-week rally Monday, climbing to the highest level since early May, according to Coin Metrics.The cryptocurrency last traded more than 3% higher at $57,530.81 after hitting as high as $57,740.82.The comeback — a gain of another 12% would take it back to its all-time high of about $65,000 — comes amid increasing…