Bitcoin has gone back and forth during the session on Friday, just as it had done on Thursday, albeit in a much less volatile range.
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An alluring yet frustrating asset, bitcoin is at time of writing on the cusp of breaching the psychologically important.
A U.S. regulator said he thinks digital currency firms could go under a federal licensing program in the event they offer.
Amid the sharp rise in bitcoin’s price Wednesday, shares in the Grayscale Bitcoin Trust (GBTC) also saw notable gains.