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14 Oct 2024

Bitcoin soars with a broad market recovery

Bitcoin rose to its highest level in two weeks due to mixed reactions to China's recent stimulus efforts, which fueled expectations that speculators would turn to digital currencies instead of Chinese stocks.

The largest cryptocurrency rose by up to 2.8% in the last 24 hours on Monday before slightly retreating, with its price reaching $63,890. Smaller tokens, including Ether (ranked second) and Solana (among the top ten), also saw an increase

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