Bitcoin has climbed more than 10% this week, outperforming stocks

From cnbc.com

Cryptocurrencies rose this week even as U.S. equities briefly retreated from their new year rally and a major crypto lender submitted a long awaited bankruptcy filing. Bitcoin was last higher by about 12% for the week, according to Coin Metrics, while ether has risen 14%. By comparison, two of the three major stock averages were on track to post a losing week, which has been shortened for the Martin Luther King holiday. The S&P 500 and Doe Jones Industrial Average were last down 0.9% and 2.9%, respectively, for the week. The Nasdaq Composite, however, has been the outperformer. It’s up slightly for the week and has ... (full story)