(Reuters) - Bitcoin rose to $70,206 at 20:03 GMT on Monday, adding $3,931 to its previous close. The world's biggest and best-known cryptocurrency is up 82.3% from the year's low of $38,505 on Jan. 23.
Crypto shares rallied on Monday. Bit Digital rose 21.66%; Canaan rose 16%; Marathon Digital, CleanSpark rose over 14%; The9 rose 10%; MicroStrategy, Riot Platforms rose about 9%.
Ether, the coin linked to the ethereum blockchain network, rose 13.3% on Monday to $3500.
The approval and launch of spot bitcoin exchange-traded funds in the U.S. this year has opened the asset class to new investors and reignited the excitement that evaporated when prices collapsed in the "crypto winter" of 2022.
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