Bitcoin was hovering above $7,000 on Monday after climbing to a nine-month high over the weekend.
The cryptocurrency jumped to $7,585 on Sunday, its highest level since August, according to Refinitiv data based on the Bitstamp exchange.
Ethereum, the second-largest digital asset by market capitalisation was down 2.6 per cent over the past 24 hours, according to Coinmarketcap
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