Bitcoin, the leading cryptocurrency with a market cap of over $201 bln, is currently flirting with the $11,000 level after hitting an intraday high of $10,957 on the Bitstamp exchange at 14:51 UTC.
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The bellwether cryptocurrency has seen a strong uptick in trading volumes over the past few hours.
As reported by U.Today, Bitcoin started breaking out on the news about Square, a publicly listed company that is worth over $81 bln, investing $50 bln into BTC.
Vladislav Sopov