SINGAPORE&nbsp;— Cryptocurrency bitcoin leapt as much as 14 per cent to a 2-1/2 year high of US$34,283 (S$46,851) in early Asia hours on Tuesday (Oct 24), on speculation that the US&nbsp;could soon approve a bitcoin exchange-traded fund.

Bitcoin was last up 10 per cent at US$33,030. Smaller rival ether was up six per cent at US$1,763.

ALSO READ:&nbsp;<a href="https://www.asiaone.com/money/imf-and-regulators-set-out-roadmap-contain-crypto-risks" target="_blank">IMF and regulators set out roadmap to contain crypto risks</a>

Bitcoin logo, representation of cryptocurrencies and rising stock graph are seen in this illustration taken, July 7, 2022. 

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Reuters

SINGAPORE — Cryptocurrency bitcoin leapt as much as 14 per cent to a 2-1/2 year high of US$34,283 (S$46,851) in early Asia hours on Tuesday (Oct 24), on speculation that the US could soon approve a bitcoin exchange-traded fund. Bitcoin was last up 10 per cent at US$33,030. Smaller rival ether was up six per cent at US$1,763. ALSO READ:...

Bitcoin soars 10% to 1.5-year high