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Reuters
Reuters
Business

Bitcoin holds overnight gains after last week's rout

FILE PHOTO: A view of Ducatus cafe, the first cashless cafe that accepts cryptocurrencies such as Bitcoin, on their opening day in Singapore December 21, 2017. REUTERS/Edgar Su/File Photo

NEW YORK (Reuters) - Bitcoin held its overnight gains in early U.S. trading on Tuesday as the world's biggest and best-known cryptocurrency rebounded on light trading volume from its worst week since 2013.

At 8:33 a.m. (1333 GMT), the digital currency was last up almost 10 percent at $15,300.00 on the Luxembourg-based Bitstamp exchange. It lost nearly 30 percent at one point last Friday at $11,159.93.

FILE PHOTO: A bitcoin ATM is seen in Zurich, Switzerland December 19, 2017. REUTERS/Arnd Wiegmann/File Photo

(Reporting by Richard Leong in New York, Lisa Twaronite in Tokyo and Vidya Ranganathan in SingaporeEditing by Chizu Nomiyama)

FILE PHOTO: A Bitcoin logo is displayed at the Bitcoin Center New York City in New York's financial district in NY, U.S., July 28, 2015. REUTERS/Brendan McDermid/File Photo
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