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Bitcoin jumps to fresh all-time high above $7,400

Bitcoin BTCUSD, +5.23% on Friday recently traded 6% higher at $7,425, according to CoinDesk data. The cryptocurrency earlier rose as high as $7,450, representing a fresh all-time high. Bitcoin has been adding to its massive year-to-date gain this week thanks in part to exchange operator CME Group's plans to offer a futures contract based on the digital currency, as well as thanks to a so-called hard fork that is slated to take place this month.


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