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Monday, May 13, 2024

Bangkok Post – Soaring bitcoin set for sharpest monthly jump since 2020

Bitcoin prices displayed on the Coindesk app on a smartphone in San Salvador, El Salvador, on Wednesday. (Photo: Bloomberg)

SINGAPORE – Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally.

The largest cryptocurrency by market capitalisation was firm in Asia morning trade at US$62,000, having changed hands at as high as $63,933 overnight. Its…

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