Bitcoin has continued its rapid recovery. On Monday, the price of the oldest and largest digital currency by market value on the Bitfinex platform temporarily rose above the $48,000 mark. This is the highest level since the beginning of the year. In the past three weeks alone, Bitcoin has gained around 25 percent in value. At the beginning of March, the cryptocurrency was still trading at 38,000 US dollars.

The second largest cryptocurrency, Ether, also continued to gain, reaching $3,330, its highest level since mid-January. All 18,500 digital assets are currently worth around $2.1 trillion, according to Coinmarketcap. Last November’s record high is just under three trillion dollars.