The local currency rose 0.6 per cent, recovering above US64.60¢; the Bloomberg dollar spot index slipped 0.3 per cent.

On bitstamp.net, bitcoin was 7 per cent higher to $US27,933 at 4.37am AEST; it briefly traded above $US28,000.

Grayscale Investments LLC moved closer to launching a spot-based bitcoin exchange-traded fund in the US, a potential watershed moment in the cryptocurrency industry’s quest to tap billions of dollars from everyday investors.

ASX to rise, Wall Street rallies, bitcoin leaps higher comes via ChinaTechNews.com.