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- The bitcoin price hit a new high above $51,700 after braking the $50,000 mark on Tuesday.
- Yet JPMorgan said the rally looks unsustainable unless bitcoin’s volatility falls.
- BTC’s market capitalization has skyrocketed to close to $1 trillion.
- Visit the Business section of Insider for more stories.
The bitcoin price hit a record high of above $51,700 on Wednesday, after soaring…
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