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Bitcoin’s Volatility Resumes After $40,000 Topped for First Time

  • Digital currency had more than doubles in less than a month
  • Cryptocurrency market cap is five times year-ago levels
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BitPay CCO Says Bitcoin Will Hit $45,000
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Bitcoin’s wild price swings resumed after the world’s largest cryptocurrency climbed above $40,000 for the first time.

After jumping as much as 11% to $40,394, Bitcoin fell around $3,500 in about half an hour and continues to fluctuate. Prices vacillated as much as 17% on Monday. The digital token has more than doubled in less than a month.