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Bitcoin Is Suddenly Soaring And Smashing The Dow, S&P 500, And Nasdaq Indexes

From forbes.com

Bitcoin has roared into the second quarter of the year, jumping above $7,000 per bitcoin and rising almost 15% over the last 24 hours. The bitcoin price, which last month fell to under $4,000 in the aftermath of the coronavirus-induced market crash, has rallied hard since its lows—almost doubling in value. Bitcoin's rally over the last few days puts it way ahead of market U.S. market gains, with the Dow Jones Industrial Average, the S&P 500 and the tech-heavy Nasdaq all treading water after data showed over 6 million Americans filed for unemployment benefits last week. For the first quarter of the year, bitcoin ... (full story)

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  • Category: Fundamental Analysis