Bitcoin Hits a Six-Week High as Financial Titans Step Up Crypto Initiatives

(Bloomberg) -- Bitcoin climbed to the highest level since early May, buoyed by crypto initiatives involving major players from the traditional financial sector.Most Read from BloombergHedging Failure Exposes Private Equity to Interest-Rate SurgeThese Are World’s Most Expensive Cities for High-Class LivingWhat We Know About the Missing Titanic SubmersibleAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpTitanic Explorer Says Two Likely Disaster Causes Are Survivable. One Is NotThe largest d