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Bitcoin Climbs Above $71,000 in Broad Crypto Advance
Crypto markets rebounded on Wednesday, recovering from a selloff triggered by the escalating conflict in the Middle East and shaking off earlier pain in other asset classes. Bitcoin rallied as much as 5.7% to briefly surpass the $71,890 mark, hitting its highest value in nearly a month. It gave up some of its gains in early New York morning trading, hovering around $71,343. Ether also surged — up as much as 6.3% to $2,092 — with cryptocurrencies forming a sea of green. The world’s largest cryptocurrency had weathered a rocky few days since US and Israeli forces attacked Iran on Saturday, at one point dropping ... (full story)