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Bitcoin Snaps Slide as Broader Risk Rally Helps to Temper Rout

  • Largest token climbs back above $37,000 after earlier slump
  • Cryptocurrency bellwether had dropped to as low as $32,970
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Bitcoin Breaches $34,000 as Crypto Searches for a Floor
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Bitcoin snapped a five-day slide as a late rally in U.S. equities suggested that investors were retaining some degree of risk appetite following the recent rout in global markets.