Source: International Business Times
Bitcoin on Wednesday climbed back above the key $71,000 level, signalling a rebound in sentiment across the broader crypto market after recent volatility. Traders said the world's largest cryptocurrency extended its gains despite ongoing uncertainty stemming from geopolitical tensions in the Middle East. According to Bloomberg, markets rallied on Wednesday with Bitcoin briefly hitting highs near $71,890, marking its strongest performance in nearly a month as investors shook off earlier losses triggered by conflict-related sell-offs.
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