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Here's Another Reason Why Bitcoin Could Soon Hit $6,000

4 days ago   |   By

It took less than a month for bitcoin investors to shake off China's cryptocurrency crack down and Wall Street naysayers. On Friday, the price of bitcoin jumped within striking distance of $6,000 as optimism surrounding the cryptocurrency reignited thanks in part to traders using the Japanese yen.
That comes after the price of bitcoin shot as low as about $3,000 in mid-September, after Chinese authorities shuttered local cryptocurrency exchanges, while J.P. Morgan CEO Jamie Dimon dubbed bitcoin a “fraud. ”
But it was neither the U.S. nor China, which have dominated the cryptocurrency...
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