Bitcoin's price climbed for a fourth straight day, even as 10-year bond yields continued their march toward 1.6%.
Investors are speculating how a faster-than-expected economic rebound might benefit bitcoin.
Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.
A gain this month would mark the sixth straight monthly increase for bitcoin, the first time that’s happened in seven years.
Bitcoin bulls struggle to pare the weekend's losses despite a strong start on Monday.
Bitcoin started March nicely but whether it can match its previous winning streak is yet to be seen.
“Cash is king in times of distress, not bitcoin,” said one market watcher.
Bitcoin's bulls are taking over the market again.
There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.
Bitcoin's price has declined 20% since Sunday.
After a lot of drama, bitcoin’s back to trading where it was a few days ago.
There are still several psychological barriers for bitcoin to break, even as it passed a key milestone of $1 trillion in market capitalization.
Bitcoin and ether continue to rise, but that could create problems for overheated derivatives markets.
Bitcoin's price is in uncharted territory while its volatility remains high.
“We are at all-time-highs territory [and] the market still has to make up its mind" about next resistance or supporting levels, says one broker.