Bitcoin Begins a New Week by Hitting Above $31K

Bitcoin Begins a New Week by Hitting Above $31K

Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.

Cryptocurrency bulls were relieved Monday with a bounce in digital assets, especially as the sector failed to rally last week alongside publicly traded technology stocks.

Bitcoin (BTC) rose almost 7%, breaking the $31,000 mark driven by global investors as Asian and European equity markets climbed. American markets were closed for the Memorial Day Holiday.