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For the first time since March, the price of bitcoin has returned above $9,000. The most significant gains were experienced by the bitcoin spin-off bitcoin cash.
The world’s most valuable cryptocurrency now has a market cap of more than $150 billion, though this is still down considerably from its peak valuation of around $320 billion in late 2017.
Positive news in the cryptocurrency space in recent weeks led to optimism among some analysts, who predicted the latest price bump.
