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Thursday, May 9, 2024

Bangkok Post – Bitcoin snaps 7-day winning streak

Speculators step back after rally that pushed crypto token past $50,000

(Photo: Reuters)

Bitcoin fell for the first time in seven days as speculators sought a respite following the recent rally that pushed the largest cryptocurrency beyond $50,000 for the first time in more than two years.

“Bitcoin has gained 10% over the last five trading sessions and 15% the last month,” said Teong Hng, chief executive at the Hong…

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