Bitcoin rebounds to $70,000, Bernstein reiterates $150,000 target
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During the US afternoon trading session, the price of bitcoin rose by more than 3% from its intraday low, reaching $70,800. Wall Street firm Bernstein reiterated its year-end target price for bitcoin at $150,000. Crypto-related stocks generally rose, with one exchange up 14% and another exchange up 8%.
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