Bitcoin Bounces Back Above $8000 Level After Earlier Slump

The largest cryptocurrency rose as much as 4.8 percent and was trading at $8,193 at 8:59 a.m. in Hong Kong, reversing an overnight decline that took Bitcoin down to about $7,850 according to consolidated Bloomberg pricing. Rival coins Ripple, Ether and Litecoin also advanced. Bitcoin remains down ...

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