Bitcoin rebounds, leading other cryptocurrencies higher, after its big dip over the weekend

Bitcoin climbed on Tuesday after a slew of negative headlines had pushed the cryptocurrency to a new 2022 low over the weekend.

The price of bitcoin jumped more than 6% to $21,420.94 around 11:50 a.m. ET, according to Coin Metrics. Over the weekend, it fell as low as $17,958.05. That was its lowest point since December 2020.

Meanwhile, ether also rose more than 6% to $1,170.18.

The moves arrive on…