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Bitcoin Rises Nearly 7% on the Week, Hits 2.5-Month High
The cryptocurrency market is posting modest gains this Friday, with investor sentiment supported by a ceasefire between Israel and Lebanon, as attention remains focused on developments in the Middle East conflict. In this context, Bitcoin (BTC) is up 3.3% to $77,500, according to Binance. On a weekly basis, the leading cryptocurrency has gained 6.3%, reaching its highest level in two and a half months. Ethereum (ETH) is following a similar trend, rising 3.8% to $2,430. Meanwhile, altcoins have pared earlier gains of up to 5% and are now trading with more moderate advances, led by XRP, BNB, and Dogecoin. Crypto ... (full story)