Bitcoin flirts with $10,000 after China voices support for blockchain tech
- The most-traded cryptocurrency briefly exceeded $10,000 over the weekend, a level it hadn’t touched in more than a month
- The latest leg of the rally cropped up after China’s President Xi Jinping said Beijing will increase investment in blockchain technology
Bitcoin jumped on Monday, bringing its rally since Thursday to 26%, after China’s government threw its backing behind the digital coin’s underlying ledger technology.
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