Crypto

Bitcoin hits $50k level for first time in more than two years

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By Hannah Lang and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) – Bitcoin hit the $50,000 level for the first time in more than two years as the world’s largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month’s regulatory nod for U.S. exchange-traded funds designed to track its price. The cryptocurrency has risen some 16.3% so far this year, on

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