Bitcoin climbed back above the $90,000 mark for the first time since March, as investors continued pouring into the cryptocurrency for a second straight day amid ongoing stock market volatility and a weakening U.S. dollar.
According to Coin Metrics, Bitcoin was last up around 4.8%, trading at $91,563.27, pushing its two-day gain to over 8%. Earlier in the day, it hit $91,754.28 — its highest level since March 6. The cryptocurrency has now rebounded approximately 23% from its April low.