Bitcoin’s 22% year-to-date gain has helped to lift the market capitalisation of digital assets above $2-trillion.
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Bitcoin has rallied to an almost 18-month high on speculation that a bitcoin ETF is imminent.
Bitcoin hit a fresh two-month low, breaking out of its recent tight range, as a wave of risk-off sentiment grips world markets.
Bitcoin’s rebound this year could have room to run if the US economy manages to achieve a soft landing.
Bitcoin missed out on a rally in global markets sparked by cooling US inflation, triggering caution about its outlook.