Bitcoin at Highest in Nearly Three Months

Bitcoin continued its rally on Monday, surging to its highest level in about three months.

Recent news has reassured investors in crypto-assets and improved their appetite for digital currencies, allowing Bitcoin to recover some of its recent losses.

The world’s largest cryptocurrency in terms of market capitalization is up for the day by about 3.6% at $45,804, according to data by Coin Market Cap.

Bitcoin is near its highest level since mid-May, after rising by nearly 14.73% over the past seven days.