Bitcoin Rises to Two-Week High After Breaking Technical Barrier

The digital token climbed above its average price over the past 50 days, a measure of its short-term momentum.

Trading in the world’s largest digital asset has been choppy in recent weeks after it hit a record high in mid-April above US$64,000.

Assets in digital-asset products listed globally, including ETFs and ETPs, reached US$9 billion at the end of the first quarter, a record high, according to ETFGI.

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