Bitcoin rallies to a six-month high, other cryptocurrencies also jump

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Bitcoin rallies to a six-month high, other cryptocurrencies also jump
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Bitcoin jumped more than 7% to around $5,750, its highest level since November 14.

, also climbed. Ether moved about 5% higher to just shy of $170, while XRP was up nearly 2% at a price of 31 cents.

The entire market has added nearly $10 billion in value over the last 24 hours, according to CoinMarketCap. Cryptocurrencies are still well off their late-2017 highs, with bitcoin still about 70% off its near-$20,000 all-time peak. The market suffered a massive slump last year, but sentiment appears to be improving in 2019.

Mati Greenspan, senior market analyst at social trading firm eToro, said the move was likely a "continuation" of an

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