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Bitcoin tops $17 000

For first time since December 2017.
Image: Luke MacGregor, Bloomberg
Bitcoin reached $17 000 for the first time since just after the burst of the cryptocurrency bubble almost three years ago.The largest digital coin, which has more than doubled this year, rose as much as 2.2% to $17 067 on Tuesday in New York trading. From an all-time high in December 2017 of nearly $20 000, Bitcoin tumbled to as low as $3 136 within a year.

Bitcoin resurgence leaves institutional acceptance unanswered

© 2020 Bloomberg

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Imagine turning your nose up at at these returns and then going to buy a stupid pet rock and a scam reg 28 fund thats negative for +10 years. Reeeeeeeeekt!

$17,000. It is considered to be close to the top of cycle, or bottom of longer-term cycle?

“Yours virtually”

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