Bitcoin jumps to one-week high above $58,000

LONDON (Reuters) - Bitcoin jumped to a one-week high on Monday, rising as much as 4.5% to $58,300 and nearing a record high above $61,000 hit earlier this month.

Visa Inc said earlier it would allow the use of cryptocurrency to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.

(Reporting by Tom Wilson; Editing by Saikat Chatterjee)

You May Also Be Interested In

• Nasdaq leads Wall Street gains as Amazon rally offsets Apple decline
• Ghosts of the 1970s: Why three Fed hawks voted to spike rates
• Wall Street closes down sharply after Fed holds rates unchanged