Battered-down bitcoin jumps 15%, lifting cryptocurrency market value by $20 billion
Bitcoin saw a double-digit rebound Wednesday after weeks of struggling to recover above the $4,000 mark. The world’s largest cryptocurrency spiked as much as 16 percent, hitting a high of $4,341.44, according to data from CoinDesk. The upward move was an abrupt turnaround from bitcoin’s terrible Thanksgiving week.