Hong Kong — Bitcoin’s rebound continued on Tuesday, as the largest crypto-currency climbed past $8,000 for the first time in two months, leading a revival among digital currencies that have been under pressure for much of the year. Bitcoin jumped as much as 4.1% to as high as $8,016.62 during Hong Kong trading hours, the highest since May, according to composite Bloomberg pricing. Rival tokens ether, litecoin and ripple also rallied, according to data compiled by Bloomberg. With the latest gains, the total value of crypto-currencies worldwide is again approaching $300bn, according to data from Coinmarketcap.com. Bitcoin still remains almost 60% down its peak of almost $20,000 in December. "We’ve been in depressed levels for the past six months, so it’s really one way from here, which is up," said Timothy Tam, CEO with CoinFi, a crypto-currency data analysis company, in a phone interview from Hong Kong. "The timing is always difficult to predict but I think we’re at the start of a se...
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