By Barbara Kollmeyer and Jules Rimmer
Is the 'debasement trade' back on?
Bitcoin is getting a boost from a bond-market intervention and renewed hopes that President Trump's crypto bill could finally pass.
A crypto comeback is brewing.
After months of slumber, digital currencies are waking up, with bitcoin and ethereum shooting higher on Thursday, as traders credited President Donald Trump's crypto bill initiative and the disturbance in bond markets for reviving momentum in the hard-hit space. Some expressed hope that the latest crypto bear market - which crypto enthusiasts call a "crypto winter" - might finally be drawing to a close after a punishing 10-month stretch.
