The mention of crypto at a holiday party is likely to spark talk of crisis, fraud, and the end of an era. But with everyone back to work, the biggest digital currency of all – Bitcoin – is going through a nine-day rally.
Bitcoin rose as much as 4.5% on Thursday to trade around $18,356, its highest since early November, when the first signs of trouble on the FTX exchange began a tale of bankruptcy and criminal charges that have devastated the crypto industry. The cryptocurrency is on pace for its longest winning streak since the year peak in July 2020, Bloomberg data show.
