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Bloomberg
Bitcoin Bounces Back After Tumbling Below $30,000 Threshold
(Bloomberg) — Bitcoin extended gains in Asia trading Wednesday, bouncing back after earlier whipsawing investors with a dip below the $30,000 level.The largest cryptocurrency rose as much as 4.5% and was trading at $33,837 as of 9:38 a.m. in Hong Kong. The coin plunged 12% at one point during U.S. trading hours Tuesday to hit $28,824, which briefly took it into negative territory for the year. Prior to that, it hadn’t fallen below $30,000 since January.Bitcoin has lost more than 50% from its mi
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