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Bitcoin Approaches Highest Level Since Post-Bubble Crash in 2018

  • Largest cryptocurrency has surged almost 30% in October
  • JPM Coin said to be used soon for the first time by a customer
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Novogratz Says Bitcoin Prices Will Go a Lot Higher
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Bitcoin is approaching levels not seen since just after the burst of the cryptocurrency market bubble almost three years ago.

The biggest digital token by market value rose as much as 4.8% to $13,638 on Tuesday, just below the high of $13,851 set on June 26, 2019. If it surpasses that level, it would be highest since Bitcoin traded at $16,932 in January 2018, or just weeks after the token reached an all-time level of around $20,000. It dipped to $3,136 in December 2018.