Bitcoin (Bitcoin) rallied past $15,000 on Tuesday after falling nearly 30 percent at one stage on Friday to $11,159.93, Business Insider reported.
The cryptocurrency surged more than 10% on Boxing Day to $15,338 on Boxing Day.
Prices of rival cryptocurrencies, which slid along with Bitcoin last week, have also recovered. Litecoin (LTC/USD) and Ethereum (ETH/USD) are up 3.4% and 3.6%, respectively.
Bitcoin had risen around twentyfold since the start of the year, climbing from less than $1,000 to as high as $19,666 on Dec. 17 on Bitstamp and to over $20,000 on other exchanges. But it has posted heavy declines since.