RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Monday, rising by 1.74 percent to $42,420 at 1:12 p.m. Riyadh time.

Ether, the second most traded cryptocurrency, was priced at $3,067, up by 1.59 percent, according to data from Coindesk.

Other News:

Crypto exchange Binance has warned investors about an SMS scam, in which scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP address that they may want to cancel.