The move upwards, which occurred over several hours, came as news broke that U.S. regulators had again postponed their decision on the VanEck/ SolidX Bitcoin exchange-traded fund (ETF), but had not rejected it outright.
At press time, BTC/USD was trading around $6,707 an increase of about 5 percent on the day, taking prices back to the range they hovered in during mid-August.