NEW YORK (Reuters) – Bitcoin climbed back above $40,000 on Wednesday for the first time this week, before edging off its highs, as recent volatility in the cryptocurrency market showed few signs of dampening down.
Bitcoin jumped as much as 6.5% to $40,904, before easing back to around $38,797 at 11:45 a.m. Eastern time. Smaller coins, which tend to rise and fall with the largest cryptocurrency, also gained, with ether climbing more than 7.5% to above $2,915 earlier in the…
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