Bitcoin Advances to Almost Four-Week High as Risk Assets Rally

Bitcoin rose to an almost four-week high and broke through a closely watched technical level as digital assets start to catch up with gains in stocks and precious metals. The largest cryptocurrency rose as much as 3.1% on Monday and traded at just below $94,000 as of 11:24 a.m. in New York. Ether also edged higher. Bitcoin’s advance came as gold, silver and equities gained as markets digested the arrest of Venezuelan President Nicolas Maduro. Most Read from Bloomberg Bitcoin surpassed its 50-day moving ...