Bitcoin climbs for third straight session as $6,000 holds

Bitcoin rose on Monday for the third straight day amid recovery attempts from six-week lows, as the $6,000 barrier holds its ground, while new liquidity enters the markets. 

At Bitstamp, Bitcoin rose $120 to $6,475, with an intraday high at $6,544, and a low at $6,301. 

Bitcoin rose 1.2% on Sunday, the second profit in a row away from six-week lows at $5,995 hit on Friday. 

Across last week, Bitcoin lost 10.2%, the second weekly loss in a row amid concerns over US regulatory curbs. 

Market value of cryptocurrencies rose $4 billion on Monday to a total of $218 billion, after marking $207 billion on Saturday, the lowest since November 14, 2017. 

Director of the US Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, said during an earlier speech that his bureau is receiving over 1500 complaints regarding cryptocurrencies every month.   

Otherwise, traders await the financial results of Nvidia, the giant maker of graphics processing units (GPUs) and developer of artificial intelligence tech, later this week, with analysts expecting a revenue drop from selling crypto mining machines, which made up 9% of total revenue for the company in the first quarter of the year.