Bitcoin (BTC) has soared this week to its highest price in two months.
The digital asset rallied 12 per cent on April 29, moving from $12,004 to $13,462. Its market value closed comfortably back into a price range last seen in early March.
Losses sustained from the March 12 crash, dubbed Black Thursday, have now been completely recovered.
The rally has seen digital asset total market capitalisation increase $55bn over the past week, from $324bn to $379bn. This peaked at $407bn on Thursday.
BTC’s market dominance has increased 2 per cent and currently sits at 65.5 per cent.