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Crypto Markets Show More Signs of Excess Amid Bitcoin Rebound

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In financial markets filled to the brim with froth, one of the more speculative corners is showing signs of bubbling yet again.

Bitcoin rebounded from its sharp sell off last week which saw prices plunge more than 12%, the steepest weekly drop since last March. The digital asset bounced back from below $30,000 Friday to trade around $34,400 as of 10:22 a.m. Monday in New York.