The price of Bitcoin jumped above $95,000 on Friday—for the first time since February—as investors assessed whether U.S. President Donald Trump was making progress on trade negotiations with China, after he appeared to soften his rhetoric toward the nation earlier this week. The leading cryptocurrency was recently changing hands at $95,310, a nearly 2% increase...

CEO and Jack Mallers revealed the numbers on Friday when he posted a copy of a private letter previously sent to the company’s investors. 

In brief Ark Invest predicts that Bitcoin could hit a price of as much as $2.4 million per coin by 2030. At worst, the firm predicts a bear case of around $500,000 in the next five years. Prominent technology investor Cathie Wood’s Ark Invest released an updated Bitcoin price target, outlining a path for the...