(Reuters) – The price rose to $70,206 at 2003 GMT on Monday, adding $3,931 to its previous close.
The world’s largest and most famous cryptocurrency is up 82.3% from its yearly low of $38,505 on January 23.
Ether, a coin linked to the Ethereum blockchain network, rose 13.3% to $3,500 on Monday.
The approval and launch of spot bitcoin exchange-traded funds in the United States this year opened up the asset class to new investors and reignited excitement that evaporated when prices collapsed during the 2022 “crypto winter.”