Bitcoin bounces to highs not seen since 2021

Published February 16, 2024 1:33pm ET



Bitcoin has staged a resurgence in recent days, rising above $52,000 for the first time in more than two years.

The flagship cryptocurrency was down a little bit on Friday morning to about $51,800, although it is up more than 7.2% from just five days ago. Since the start of the new year, bitcoin has grown more than 17% in value. It is now the highest it has been since the end of 2021, shortly after it broke its all-time high.

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