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Bitcoin tops $60K, highest in over 2 years
Bitcoin rallied above $60,000 on Wednesday, riding its bullish momentum to its highest levels since November 2021, as more signs emerge that cryptocurrency's "winter" has ended. Why it matters: The digital token has gone from strength to strength in the wake of the rollout of bitcoin exchange-traded funds, which have reignited broad interest in the sector. • Bitcoin added over 6% on the day, and is now within shouting distance of its all-time high above $68,000, set in late 2021. Zoom out: The battered crypto market's slow but steady recovery quickened in January, after the Securities and Exchange Commission ... (full story)