Bitcoin regains strength and records the highest rise in a month

And Bitcoin recorded its highest level in four weeks, on Monday, with a rise of 4.43 percent, to 44 thousand and 298 dollars.

Bitcoin’s rally above the technical mark came in higher momentum, amid a “better-than-expected” US jobs report on Friday, on the heels of strong earnings from Amazon.

Bitcoin has lost more than 50 percent of its value since its record high in November.

Bitcoin’s drop since its November high has wiped out more than $600 billion from its market capitalization, and lost more than $1 trillion from the overall crypto market.

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