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Bitcoin passes $40,000 for first time

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The price of the cryptocurrency bitcoin soared past $40,000 for the first time on Thursday, rising $10,000 in just five days..



The price of bitcoin was $41,130 at roughly 1800 GMT, having jumped 9.75 percent during the trading session.

The cryptocurrency, which has known wild swings in value, passed $30,000 for the first time just on Saturday.

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