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Bitcoin Rally Leaves Stocks In The Dust
Bitcoin prices surged today, climbing roughly 20% as the major stock indices experienced substantially weaker gains. The world’s most prominent digital currency rose to $6,393.76 around 1:45 p.m. EST, according to CoinDesk data. At this point, the cryptocurrency was up 19.8% for the day, and had climbed more than 60% from its recent low of less than $3,900 reached on March 13th, additional CoinDesk figures show. In contrast, major U.S. stock indices have not shown compelling gains today, with the S&P 500 Index and the Dow Jones Industrial Average up less than 1% since opening, Google Finance data shows. [Ed ... (full story)
