Bit Coin Conference

Bitcoin rallied Monday as the dust settled from last week's sell-off, which followed reports of China's plans to crack down on the currency.

Autoplay: On | OffThe value of the cryptocurrency climbed 10.1% to $3,994.65, after topping $4,000 earlier. Bitcoin Investment Trust (GBTC), an ETF tied to the movements of bitcoin, jumped 18% to 742.10 in the stock market today. Bitcoin's value had dipped below $3,000 on Friday.