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Bitcoin slumped over the weekend after rising back above USD 10,000 late last week, casting a cloud over its latest attempted rebound. The decline took place ahead of a closely watched, technical event known as halving. Antoni Trenchev, Co-founder at Nexobank, sees the currency reaching USD 50,000 by the end of the year. He speaks on “Bloomberg Markets: European Open.”
By Bloomberg Markets and Finance
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