Bitcoin rose to the highest level since August on Wednesday, gaining for a second day as a decrease in risk aversion helps to temper concerns about a widening crackdown by US regulators.
The largest cryptocurrency by market value jumped by 8.2% to $24,083 as of 4:19 p.m. in New York. The increase is the biggest one-day gain in about a month. Smaller digital tokens such as Ether, Cardano and Polkadot also rallied.
