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Bitcoin Rises 9% To 10 Day High Above $9,000

Bitcoin topped the psychologically key resistance level of $9,000 to hit a 10-day high Wednesday amid improved sentiment about government regulation.

The cryptocurrency climbed to $9,346, its highest since Feb. 4, according to CoinDesk's bitcoin price index, which tracks prices from four major exchanges. As of 12:50 p.m. ET, Bitcoin was about 9 percent higher near $9,313.

bitcoin rises above $9000

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