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Bitcoin rises near 5-month high

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Bitcoin jumped to its highest level today in nearly five months.

The cryptocurrency rose as much as 20 percent to exceed $5,000, the first time that number has been hit since mid-November 2018.

Officials cited a $100 million order spread across major exchanges that set off a flurry of trades.

Bitcoin's peak price near $20,000 came in late 2017.

Read more from Reuters.


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