The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies like Bitcoin.
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Bitcoin clocked fresh 10-month highs earlier today and currently appears on track to post its biggest monthly rise since late 2017.
Bitcoin’s price rose above $7,500 on most exchanges for the first time today in over 9 months marking a resurgence of the crypto bull market.
Ether's recovery from 13-month lows is being backed by daily trading volume not seen for a year.