Price move gives renewed hope that the digital token can achieve a kind of escape velocity against almost any economic backdrop.

For many cryptocurrency enthusiasts “Bitcoin Pizza Day” is special. Thursday marks the 15th anniversary of the first known use of cryptocurrency to buy real-world goods.

Tracking the "realized price," or the average price at which bitcoin BTC is withdrawn from all exchanges to estimate a market-wide cost basis is a more valuable tool for gauging investor profitability and potential inflection points in market sentiment.