Bitcoin and other cryptocurrencies continued to rally, blowing through key price levels at the end of the week and spurring calls of a new bull market amid a macroeconomic backdrop that could favor cryptos over stocks.
The price of Bitcoin has risen 7% over the past 24 hours to above $26,500, surpassing levels reached earlier this week to hit the highest point for the largest digital asset since the crypto crash accelerated last June. Bitcoin has jumped well more than 50% so far this year, and despite a setback earlier in...