Bitcoin on the Rise After Pre-Christmas Crisis

On Friday, December 22, the world's largest cryptocurrency fell below $11,000 reaching its all-time low since 2013.
Bitcoin has recovered, moving back towards $16,000 after a heavy downturn of over 25 percent last week.
Many market regulators and banks, however, warn against investing in cryptocurrencies, arguing that the recent surge in prices may have been triggered by speculations and that the risk of a sharp drop is high.