Bitcoin hits $50,000 level for first time in more than two years

WASHINGTON/LONDON   -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 16.3 percent so far this year,
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