The world’s leading cryptocurrency, bitcoin, is recovering after last week’s sharp losses. Bitcoin is up over 2 percent and was trading above $18,500 on Monday, inching closer to its all-time high of nearly $20,000
The fresh rally comes after the cryptocurrency tumbled on Thursday, falling as low as $16,200 Bitcoin included 15 percent over the previous four days, reaching practically $18,700 previously on Monday.
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Prior to last week’s slump, bitcoin saw a beast rally that pushed its rate to a practically three-year high.
Many of the other top 10 cryptocurrencies by market cap, which usually follow bitcoin’s pattern, were also up on Monday.
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