$5,000 in Reach? Bitcoin Falls Back After Hitting 5-Week High

Supported by strong volumes, bitcoin prices sprinted to a five-week high of $4,875 last night before the move ran out of steam.

The bitcoin-U.S. dollar (BTC/USD) exchange rate spent 12 hours working hard to retake $4,800. However, at press time, bitcoin’s price had dropped…

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