Bitcoin (BTC) could revisit December highs above $4,200 in the near-term as the recent rally is backed by a surge in trading volumes. The leading cryptocurrency by market value is currently trading at $3,930 on Bitstamp, having clocked a 5.5-week high of $4,000 yesterday. The 20 percent appreciation witnessed over the last 12 days is accompanied by a 28.4 percent rise in daily trading volumes, according to CoinMarketCap. Notably, total trading volumes across all exchanges jumped 40 percent to $9.91 billion on Monday, validating BTC’s bullish breakout above $3,800. Further, investor interest in the cryptocurrency has ... (full story)