Bitcoin climbs to highest level since Feb. 5 crash that sent price plunging to $60,000

Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets. What to know : Bitcoin (BTC) rose to just shy of $76,000 in morning U.S. trade on Tuesday, its highest level since the Feb. 5 crash that sent prices plunging to $60,000. Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets. The next test for the crypto rally comes at current levels, said one analyst.