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Bitcoin was trading more than 7% higher Monday morning.
The price was around $66,105 (+7.11%) per coin, while rivals Ether, the world’s second-largest cryptocurrency, rose to $4,722 (+3.75%) and Dogecoin traded at 28.4 cents (+9.51%), according to Coindesk.
New York City Mayor-elect Eric Adams pledged Nov. 4 he would accept his first three paychecks in bitcoin when he formally takes office next year.
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