LONDON (Reuters) - Bitcoin, the world's best-known cryptocurrency, shot past $8,000 on Tuesday for the first time in two months on signs of growing institutional interest in virtual coins.
Recent reports about impending approval in the United States for a cryptocurrency exchange traded fund (ETF) have helped bolster demand recently, as have comments by BlackRock's
Bitcoin rose to at high as $8,130 on the Luxembourg-based Bitstamp exchange
After peaking at close to $20,000 in December, bitcoin has lost more than half its value in 2018 as institutional and retail interest has declined.
(Reporting by Tom Finn; Editing by Tommy Wilkes)