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The price of Bitcoin soared over 4% to $62,500 in the last 24 hours.
The current price of Bitcoin is at around $62,510, as of 1120GMT, and its market cap increased to $1.23 trillion.
Bitcoin’s transaction volume in the last 24-hour period was around $27.65 billion.
This month, the price of Bitcoin saw below $52,000, the lowest level since February 2024.
Ethereum prices also rose by 4.1% to $3,333 over the same period.
