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Bitcoin rises despite U.S. crackdown, as crypto market gains $84 billion in value

The crypto comeback: Here's what's driving it, according to Bernstein

Bitcoin has had a strong start to the year with the cryptocurrency seeing a huge rally.

Jakub Porzycki | Nurphoto | Getty Images

Crypto markets rose on Thursday, shrugging off a tougher regulatory stance from the U.S. government.

Bitcoin gained 2.06% to $24,500.00 at around 4:04 p.m. ET while ether was up 1.21% at $1,679.31, according to Coin Metrics.

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