Bitcoin price hovering around 18-month high

Hanno Labuschagne

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Bitcoin price hovering around 18-month high

Bitcoin climbed back above $38,000 (R705,865) on Tuesday amid optimism the US central bank may be closer to lowering borrowing costs if inflation continues to decline.

The largest cryptocurrency by market value gained as much as 3.3% to $38,264 before trimming the increase.

[Bloomberg]
 
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