Gary McFarlane

Bitcoin resurgence: why it’s likely here to stay

Bitcoin, currently priced at $8,508 (£6,725) according to data site cryptocompare, is trading at 12-month highs after staging a dramatic price recovery since the beginning of April.

It hasn’t been lost on investors looking to reposition their portfolios for more uncertain economic times that bitcoin is the best-performing asset this year by some considerable margin, having risen 122% since January.