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Can bitcoin sustain rally?


All of sudden, on Thursday at around 11:00 BST, digital currencies came back to life after spending several days in tight consolidative ranges. Among others, bitcoin and Ethereum, in particular, looked strong and both cryptos have now extended their gains. Bitcoin Cash, Litecoin, Ripple and Neo have all gained ground, too. There was no obvious trigger behind the rally, but the selling did look overdone and a bounce back was long overdue.

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