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Bitcoin pushes through $US50,000. Why is it rebounding and can the rally last? – ABC News

Bitcoin’s value has briefly topped $US50,000 for the first time in three months, but why has the leading cryptocurrency bounced…

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Bitcoin’s value has briefly topped $US50,000 ($70,000) for the first time in three months, having fallen below $US30,000 just over a month ago, and some analysts say the current rebound might have further to run.
But why has the leading cryptocurrency bounced…

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