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Bitcoin gained more than 4% overnight, and as of 6 a.m. ET is trading at close to $38,000.
Just after midnight eastern time, the cryptocurrency stood at $38,289 before beginning a steady decline throughout the night, reach a low of $37,833 at 12:21 a.m. before once again beginning to rise.
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By 3:16 a.m., it reached its overnight high of $39,197, Coindesk reported.
Meanwhile,…
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