0824 GMT April 17, 2021
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Bitcoin and other cryptocurrencies including ether surged to new heights on Wednesday, with traders awaiting Coinbase’s highly anticipated stock market debut.
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Bitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase.
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Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalization cross $1 trillion a day earlier.
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Bitcoin’s recent wobbles have turned the cryptocurrency spotlight onto other digital coins including Ether, whose gain this year has outstripped the performance of its bigger rival.
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For all the attention afforded bitcoin, it is its rival ether that is hitting the headlines, with the popularity of its blockchain technology Ethereum driving concerns that have sent investors fleeing.
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