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Bitcoin Hits Year-To-Date Highs As Litecoin Soars–Here’s Why | Forbes

Bitcoin, which has been rallying hard over recent months, has hit a fresh year-to-date high, breaking the psychological $9,000 level for the second time this year and leaving investors eyeing the $10,000 mark.

The bitcoin price reached highs of $9,387 per bitcoin on the Luxembourg-based Bitstamp exchange before falling back slightly, up almost 7% over the last 24-hour trading period. Bitcoin has been spurred on this week by a rise in the litecoin price, up some 20% over the last week.

Bitcoin has been boosted by a raft of tech companies making moves into the cryptocurrency space. GETTY
The bitcoin price rise comes as bitcoin trading volume spiked with over $19 billion worth of bitcoin traded across cryptocurrency exchanges in the last 24 hours, according to Messari data.

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Bitcoin Hits Year-To-Date Highs As Litecoin Soars–Here’s Why.

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