Bitcoin surges to $97,000, bringing the magic 100k mark within reach
Bitcoin
The largest cryptocurrency exceeded the 97,000 US dollar mark on Wednesday during US trading hours, reaching a new two-week high. The upward movement occurs despite US producer prices coming in significantly above expectations in November, while political uncertainty from a criminal investigation against Fed Chair Jerome Powell is weighing on traditional stock markets. The latest increase represents a gain of nearly 7 percent within a week. While technology stocks are under pressure, Bitcoin is
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