Bitcoin's Super-Swift Rebound May Have Been Made in China – Bloomberg

Bitcoin’s Super-Swift Rebound May Have Been Made in China – Bloomberg

Bitcoin’s Super-Swift Rebound May Have Been Made in China The most convincing explanation for the cryptocurrency’s record-testing rally may be its resilience in the face of a clampdown by Beijing. To get John Authers’ newsletter delivered directly to your inbox, sign up here . Bitcoin, the biggest of the cryptocurrencies, nearly set a new all-time high this weekend. That wouldn’t be so surprising, given the way that the price has shot ever closer to the moon over the last decade. But the speed with which the digital currency has rebounded from its latest selloff suggests that something is changing.

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