Asian markets mixed as bitcoin surges to new high
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TOKYO: Bitcoin hit a new peak during early Asian trading on Thursday (Aug 14), as the yen surged after the United States Treasury Secretary said he expects Japan to hike interest rates. The cryptocurrency rose above its previous July record, briefly exceeding US$124,500 before retreating. Bitcoin's value has recently soared, fuelled by US regulatory changes under US President Donald Trump, a strong backer of the crypto sector. "The crypto market is enjoying a period of highly favourable
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