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Cryptocurrency prices spiked $35 billion during a one-day stretch with major gains to Bitcoin contributing. So reports CNBC.

blockchain 3041480 640smallBitcoin was up close to 19% to $9,388.30 during the surge. “Industry participants attribute this to two factors—central bank monetary policy as well as an upcoming event known as bitcoin halving,” according to the article. The recent surge pushed the cryptocurrency to its highest point since Saturday, March 7.

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