Bitcoin and its rivals in the cryptocurrency realm have enjoyed something of a revival as talk of stricter trading conditions and possible bans have faded in recent sessions.
On Thursday, the price of bitcoin was approaching $10,000 again after sharp falls that began in late December took the digital currency to a three-month low of $6,000 on 6 February.
Clampdowns on cryptocurrency exchanges in South Korea and China made for nervy trading conditions for much of this year and all of bitcoin's rival suffered a similar fate.
In recent sessions, however, the impact of renewed regulatory interest in cryptocurrencies has begun to fade.
The whole array of digital currencies rallied on Wednesday after the European Central Bank said it wasn't interested in regulating bitcoin. Mario Draghi said it was not the ECB's responsibility.
- Bitcoin was up 7.83% in mid-morning trade in London at $9,544, off a session high of $9,946
- Ethereum gained 5.83% to $911.19
- Ripple climbed 6.39% to $1.077
- Litecoin added 21.24% to $219.32
Litecoin has surged nearly 40% in the past two trading sessions after news on Wednesday that a payments processor for the digital currency was to launch later this month.
LitePay, based in San Francisco, said on Wednesday that on 26 February, more than 40 countries - including UK, US, China and Japan - would have access to LitePay merchant payment processing.
Litecoin its the fifth-largest cryptocurrency by market capitalisation.