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Cryptos: Bitcoin tops $9,000 level for first time in 13 months

The price of bitcoin crossed the $9,000 threshold Sunday for the first time in more than a year.

Bitcoin BTCUSD, +1.11% peaked around $9,385 in intraday trading, according to Coindesk. The cryptocurrency slipped in afternoon trading, and was last around the $9,000 level.

The digital currency is up more than 22% over the past 30 days, and up 142% year to date. Sunday’s intraday prices were the highest for bitcoin since May 2018, though still well off its all-time high above $19,000 in late 2017.

Investors have been bullish on bitcoin recently, with optimism stoked by the expected announcement this week that Facebook Inc.

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