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Bitcoin is soaring, and on track for its biggest gain since April





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  • Bitcoin surged as much as 10% Wednesday, its biggest daily gain since mid-April.
  • It has fallen 40% since November 14, a few days before a hard fork in its rival bitcoin cash.
  • Over the long run, cryptocurrencies are in good shape because the blockchain industry is growing at a rapid pace, an analyst said.
  • Watch bitcoin trade live.

Bitcoin, the biggest cryptocurrency by market value, surged as much as 10% Wednesday to an intraday high of $4,725 a coin, making for its biggest daily gain since mid-April.

Wednesday’s surge comes after Bitcoin and its rival <a target="_blank" read more >>>

Source:: BusinessInsider.Com

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