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Bitcoin Approaches $42,000 for First Time

M. Ali 8 January, 2021 11:00 pm Cryptocurrency, Market Update

The Bitcoin rally continued on Friday, as the world’s largest cryptocurrency traded as high as $41,973 earlier today.

Bitcoin has now increased by about 40% since the beginning of the year.

The biggest digital currency is currently trading around $41,000, up by a little over 5.7%.

Bitcoin is showing its second best weekly performance since December 2017.

It is worth noting that Bitcoin surged by around 300% during 2020.

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