Bitcoin climbed above $30,000 for the first time since June 2022, rallying more than 80% since the start of the year.
The rebound is even more intense than a nearly 20% gain on the Nasdaq 100 — with which Bitcoin has tended to move in tandem — and retraces some of the digital token’s losses from 2022 following a series of crypto-related blowups. Still, Bitcoin is down more than 50% from its all-time high in November 2021.
