Bitcoin jumped along with equities on Wednesday after President Donald Trump said he would extend a ceasefire with Iran, bolstering market confidence.
The original cryptocurrency rose as much as 2.7%, trading around $77,500 at 1 p.m. in Singapore. It was the highest price since Friday, when the token touched a two-month high of $78,344. Other cryptoassets also advanced, with Ether up as much as 2.8%.