Bitcoin closes in on $100,000 in surprise surge

New Year, new hope for Bitcoin. After several months of sputtering, Bitcoin is back on the rise. On Wednesday, the original cryptocurrency surpassed $97,000 for the first time in two months and is up more than 6% in the last week. 

The jump in Bitcoin came after Federal Reserve Chair Jerome Powell issued a remarkable statement that accused President Donald Trump’s administration of directing a baseless criminal investigation at him in order to intimidate the agency. Meanwhile, the price...