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Bitcoin’s Price Climbs Above $5,500 to Reach 5-Month High


Bitcoin’s price extended its recent gains today by spiking above $5,500 for the first time in over five months.


At 04:00 UTC, the world’s premier cryptocurrency, whose market capitalization accounts for more than half of all other cryptocurrencies combined, picked up a bid and saw its price climb as high as $5,650 in less than 10 minutes on April 23 – its highest price since Nov. 18, 2018.


At the time of writing, bitcoin’s price has since pulled back slightly, now trading across exchanges at an average price of $5,586, according to CoinDesk’s price data.

Read More at CoinDesk

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