Bitcoin Extends Rally, Breaching $8,000 for First Time Since May

Bloomberg.com — Bitcoin’s rebound continued Tuesday, as the largest cryptocurrency climbed past $8,000 for the first time in two months, leading a revival among digital currencies that have been under pressure for much of the year.

Bitcoin jumped as much as 4.1 percent to as high as $8,016.62 during Hong Kong trading hours, the highest since May, according to composite Bloomberg pricing. Rival tokens Ether, Litecoin and Ripple also rallied, according to data compiled by Bloomberg. […]