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Bitcoin climbs almost 5% to $61.5k as market reacts positively to Mt. Gox distributions

Bitcoin’s price climbed to $61,500 on Aug. 13 following the movement of $2 billion in Bitcoin tied to the long-defunct Mt. Gox exchange.

The rally, which saw the leading crypto jump by nearly 5% in just one hour, has ignited renewed optimism in the market.

submitted by /u/hiorea
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