Cryptocurrencies resume their rebound, bitcoin tops $60,000

Cryptocurrencies resumed their rebound from their big sell-off earlier in the week, with bitcoin topping $60,000 late Thursday.

The price of the flagship cryptocurrency was last higher by 11% at $61,232.36, according to Coin Metrics, rising above the $55,000 floor that has supported it for much of this year.

Ether advanced 12% to $2,644.90, after leading declines in cryptocurrencies and related stocks…