Investing.com - Cryptocurrency prices were higher on Monday, with Bitcoin rising nearly 6% to its highest level in a month against a backdrop of a broad increase in other 'risk assets'.
Trading volumes remained light, however, as U.S. financial markets were closed due to the observation of Washington’s Birthday.
Still, Bitcoin jumped 5.8% to $3,898.60 as of 10:15 AM ET (15:15 GMT) on the Investing.com Index.
The overall market cap of cryptocurrencies stood at $129 billion at the time of writing, compared to $121 billion on Sunday.
Ethereum rose 12% to $144.37 amid support for a hard fork expected later in February. XRP gained 5% to $0.31638 while Litecoin was at $46.209, up 6.7%.
Meanwhile the Shift Bitcoin debit card, which allows users at Coinbase to spend their bitcoin via a visa card, is closing. The news was first posted on reddit, along with an email supposedly from Shift, Cointelegraph reported.
According to the screenshot, the card program will be deactivated on April 11, 2019. The card itself was criticized when it first came out in 2015, due to users having to already hold Bitcoin to pay the $20 activation fee.
In other news, Israel-based crypto brokerage Coinmama reported a major data breach that affected 450,000 users. It said a list of around “450,000 email addresses and hashed passwords” was posted on the dark web.