(Bloomberg) — Bitcoin surged past $73,000 as cryptocurrency markets built on recent resilience, drawing momentum from ETF inflows and rising open interest even as Wall Street steadied itself against an unresolved Middle East conflict.

The largest cryptocurrency rallied as much as 8.9% to around $74,000 reaching its highest level in a month. The spike – only the largest one-day move since last Wednesday – is indicative of the uncertainty that has surrounded the digital asset sector since prices crash in early October. Ether surged, climbing as much as 13% to trade at almost $2,200.

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