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HomeBusinessBitcoin breaks above $27,000 for the first time in September

Balanced News: Bitcoin breaks above $27,000 for the first time in September

Our 'quick read' news summary

Bitcoin broke above $27,000 for the first time in September, with a rise of almost 4% to $27,403.17. The reason for the increase is unclear, but there was a spike in trading volume in the Asian market. The rise coincides with a rising stock market ahead of the Federal Reserve’s two-day policy meeting. Bitcoin has experienced its first back-to-back weekly gains since May, despite bearish sentiment among investors. This month, Bitcoin has gained 4% in value.

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