Bitcoin Bounds Toward $6,000 as More Institutions Embrace Tokens

Bitcoin Bounds Toward $6,000 as More Institutions Embrace Tokens
Bitcoin's properties as a store of value got software developer Jimmy Song interested. Now he programs for Bitcoin core. Karen Bleier/AFP/Getty Images
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Bitcoin climbed to a fresh 2019 high, approaching the $6,000 level for the first time since November on most cryptocurrency exchanges.

The largest digital coin advanced as much as 4.7 percent to $5,961, according to Bloomberg composite pricing. Most of the other highly-traded tokens also pushed higher.