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As of 9:30 a.m. ET, the price of bitcoin has surged 9% in the past 24 hours to about $57,350, pushing weekly gains to more than 20%, according to CoinMarketCap.
The prices of ether and binance coin, the world's second- and third-largest tokens, have surged 13% and 120%, respectively, over the past week, helping the broader crypto market amass a total value of nearly $1.8 trillionnearly twice as much as its $1 trillion market capitalization at the beginning of February.
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