Bitcoin surged over US$16,000 ($22,733) on Boxing Day in a rebound from the cryptocurrency's worst week since 2013.
The world's largest and best-known cryptocurrency fell nearly 30 per cent on Friday from an all-time high of US$19,843 ($28,194) to US$11,159.93 ($15,855) - losing more than a quarter of its value in a single day.
As of Tuesday morning (Wednesday NZT), however, the digital currency was up again to more than US$16,000 ($22,733), according to the Daily Mail.
Bitcoin has risen more than tenfold this year and doubled in just seven weeks, but if the currency goes bust, chaos could spill into the stock market, experts have said.
Wells Fargo Securities head of equity strategy, Christopher Harvey, said people should pay close attention to spill over in 2018.