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Bitcoin jumps above $50,000 for first time since May

Bitcoin jumps above $50,000 for first time since May

13 Sept 12:59 Key points summarised by AI
  • Bitcoin surged past $50,000, reaching its highest value since mid-May, driven by renewed investor interest and bargain-buying.
  • This significant rebound of over 70% from June lows follows renewed support from Tesla and other high-profile investors, overcoming previous concerns like China's crackdown and Elon Musk's environmental impact comments.
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