Bitcoin traded back above the $22,000 price level as concern about a widening crackdown by regulators eases.
The largest cryptocurrency by market value jumped as much as 3.2% to $22,323 during New York trading, after turning negative earlier in the session. It has traded mostly below that level since a string of regulatory actions were unveiled last week. Binance Coin gained about 2%, while Ether increased 4.7%.
