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11/17/2020, 1:03 PM (Source: TeleTrader)
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Bitcoin rises to over $17,000

Bitcoin rose over $17,000 on Tuesday after a new Bitcoin fund from the digital asset manager Galaxy Digital and management company Global Asset had its preliminary prospectus approved by Canadian securities regulators.

Bitcoin is still bullish due to macro-economic factors and large corporations getting into crypto. Custodian Anchorage asked earlier today for a charter from the US bank regulator OCC.

In the last two months, Bitcoin rose by 73% and over the last 24 hours it gained 1.63% to sell for $17,001 at 6:59 am ET.

Breaking the News / TF